Written by Lauren Perez | Updated on 7/30/2019Certificates of deposit (CDs) have long been a great place to stash your savings, especially for conservative investors who want a guaranteed yield. But who are these conservative savers, and where do they live?
In this study, DepositAccounts looked at the percentage of households owning CDs in the 100 largest metros in the U.S. to gauge where this investing product is most — and least — popular.
Until only a few months ago, 1-year CD yields were reaching as high as 3.00%. But CDs as...
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