Oyin Adedoyin

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1,572 appearances 36 recordings 1 series first heard Mar 2023 last heard Feb 2025

Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · How CD Ladders Can Help Investors Get More From Their Savings · 1 May 2023 podcast

And in some cases, CDs are actually outpacing treasuries when it comes to yields, especially for the short term.

A CD is a super safe asset that basically pays out interest over a set of times.

So say an individual, an investor wants to put a certain amount of money away for a long period of time with a guaranteed interest level that it's going to gain over that time.

They would use a CD to lock their money away for maybe say anywhere from six months to five years.

and then be promised that at the end of that date, they would have a certain amount of money gained.

They're attractive to invest because of the high interest rates.

So the Federal Reserve has been increasing rates incrementally in an effort to curb inflation.

And so CDs are at some of the highest interest rates that they've been in 15 years, financial analysts say.

So a CD ladder is a little bit more complicated and it's less of a device to optimize your yield and more of a device to kind of take advantage of high yields that are existing right now.

Because some of the highest yields on CDs are more short-term, an investor might want to spread their money out over a longer period of time to both take advantage of short-term yields, but still have money parked away for the longer term.

So say example, you have $30,000 to invest.

You want to make sure that money is available every six months or so, just to have flexibility.

You can set up a CD where you put $10,000 in a six-month CD, another $10,000 in a one-year CD, and another $10,000 in a three-year CD.

And those would have varying interest rates.

Yeah, it really just depends on the individual investor.

But basically, CDs are in a place right now where they are comparable to rates that you can get from an iBond or a treasury.

And in some cases, CDs are actually outpacing treasuries when it comes to yields, especially for the short term.

So someone who wants to take advantage of a high yield but still maintain a relatively safe investment, since CDs are known to be on the safer side, would want to consider these types of savings accounts.

CD ladders are usually most beneficial for folks like retirees who are kind of living on a fixed income every month.

And so they want to maybe stretch that money over the long term.

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