She turned her monitor toward him. For a decade, the "Rates" board in the lobby had been a graveyard of zeros—0.05%, 0.10%. It was a frustrating era for people like Arthur, who lived on the "interest of their interest." But the screen now flashed for a 12-month term.
"No 'early withdrawal' for me," Arthur chuckled. "I’ve got nowhere to rush to. Let’s lock it in." bank cd rates
AI responses may include mistakes. For financial advice, consult a professional. Learn more She turned her monitor toward him
"It’s a 'Ladder,' Arthur," she explained. "That’s how we’re going to play it. We don't put all your chips on one number. We split your savings into four parts." She sketched it out on a notepad: to keep cash close if rates keep climbing. A 12-month CD to capture the current peak. An 18-month CD for stability. "No 'early withdrawal' for me," Arthur chuckled