In a period of high inflation, certificates of deposit (CDs) can lose purchasing power, making them a poor investment.
CD Investing: The Pros And Cons
Certificates of Deposit: All You Need to Know
CD versus high-yield savings: What is the difference?
Do CDs Make Sense in a Rising Inflation Environment?
Analysis: Assessing Inflation's Impact
Certificates of Deposit: All You Need to Know
Savers Pile Money Into Bank CDs as Rates Top 5% - WSJ
CD vs. money market accounts: which one is better?
Climb the CD Ladder for Safety and Flexibility
Best CD Rates for January 2024 - Up to 5.75%