Smithfield Sun

Is CD laddering right for you?

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Image: Rigo Chaparro

With the recent volatility in the stock market, people are hesitant to put their entire nest egg into the market. Additionally, with the economy creating tight times for families, it’s often necessary to make sure funds are available if and when we need them. For those investors who are either reluctant to jump head first into the market or those who may have a need for cash, the strategy of laddering Certificates of Deposit (CDs) may be appropriate. (Continued…)