So, you’ve got a high-yield savings account stuffed with money and it’s burning a hole in your pocket. There are lots of options for investing that money, but two of the most popular, certificates of deposit and stocks, are on your mind.
How do you even begin to choose between the two? The products are very different with very different risk profiles associated with them. The best choice between CDs and stocks isn’t a clear-cut answer. Let’s explore each so you can better decide what’s the best one for you at this time in your life.
The best investment for you will change over time
If you spend any time on Financial Twitter, you’ll see all manner of financial products being touted as the one and only product to invest in. But the truth is that it’s not remotely that simple. The best investment at any given time is the one that’s best for you — that’s why so many different options…
