Rising Rates Put CDs Back in Consumers’ Good Graces
Press|9 Apr 2023
In the Houston Chronicle article on CD rates, Jason McGarraugh, a financial advisor, discusses the current trends in certificate of deposit (CD) offerings. He emphasizes that while CD rates have risen, investors should consider their liquidity needs and investment goals. McGarraugh states, “investors should not overlook the importance of a diversified portfolio,” highlighting the need for balanced investment strategies amid fluctuating interest rates.
Author: Houston Chronicle, Publisher: Hearst Newspapers, Date: April 9, 2023.
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