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Why I'm Not Opening Any CDs in September 2025 -- Even With Rates Over 4%
['Jake Fitzgerald']
The Motley Fool
My short-term cash lives in a high-yield savings accountI keep my day-to-day savings in a high-yield savings account (HYSA).
At today's rates, that's close to $1,000 a year in interest for doing nothing.
My long-term money is invested for growthWhen it comes to retirement savings, I'm leaning into stocks, not CDs.
Why CDs don't make sense for me right nowI could earn a touch more by opening a short-term CD today.
Instead, I'm keeping short-term money liquid in an HYSA and investing long-term money in index funds.
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