When it comes to certificates of deposits (CDs), it's pretty hard to get it wrong. However, that doesn't mean CDs are foolproof. I have personally found a way to mess it up a couple of times.

In fact, there actually may be more reasons not to buy CDs than to spend your cash on one. Just check out these five reasons you should steer clear of CDs. It's true that many CDs are offering ...

CDs reached record highs in 2023 and 2024. CD rates will likely continue their decline in 2025 due to recent Fed rate cuts, ...

A vinyl record revival might be pushing CDs into the background. In the past eight years, vinyl sales have increased ...

You purchase a whole CD for a minimum of $1,000 or buy CD fractions in increments of $100. You can breathe easy knowing that brokered CDs have many of the same benefits as direct CDs. Every ...

A CD account still offers savers a secure way to grow their money, even with rates declining slightly. /iStockphoto . When it ...

Other CD types You buy a brokered CD at a brokerage firm or investment company. Buying and selling brokered CDs is similar to trading stocks, and you won't incur a penalty for selling one before ...

Although it’s a brokerage firm, Morgan Stanley tends to offer CD rates that compete with the best online banks. You need at least $1,000 and an account with the brokerage to buy a CD.

The shine has dulled for CDs, or certificates of deposit, which looked like great investment vehicles when interest rates were higher.

CDs are reliable, they're easy to store, and they're much cheaper than, say, vinyl records. There are no subscription fees involved, and once you buy an album, it's yours to keep forever. CDs also ...

“In this case, build a ladder where you buy CDs in $100,000 increments over the next five years, so you would end up with one $100,000 CD that matures in 12, 24, 36, 48 and 60 months.