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Should You Park Your Money in CDs Right Now?

ACT Advisors founder Doug English, CFP®, MBA, was a recent podcast guest on the South Carolina Business Review with host Mike Switzer. The pair discussed why Doug thinks CDs are an attractive savings instrument, especially in today’s high interest-rate environment.

Doug shares that CDs, in general, are an effective tool for investors who want predictable, low-risk returns for their short-term, “can’t lose” savings. Stream the episode to learn more, including:

  • Historical data and analysis that inform his reasoning
  • If he thinks you should put all your money in CDs rather than stocks right now
  • The strategic term duration Doug recommends if you consider opening a CD

Learn all that and more in his five-minute interview.

Mike Switzer and South Carolina Public Radio are not affiliated with or endorsed by ACT Advisors, LLC. 

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