Now You Can Make Money Again From a Long Dormant Investment

Finding a safe place to park excess cash that actually pays you some interest has been a challenge for more than a decade.

With central banks keeping rates down to boost or protect economic activity for most of the past decade, it’s been hard to get something for your money.

For years, bank certificates of deposit were Wall Street’s version of unused books, gathering dust on the shelf with little or no demand.

In 2021 and 2022, this equation changed, as the rise in interest rates lit a fire under the bank CD market, where 3.5% to 4% yields are generally above the fertile plains.


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