Skip to main content

Weatherhead's Jonathan Ernest recommends reinvesting certificates of deposit (CDs) that mature in December

MEDIA | December 11, 2024
STORY BY: EDITORIAL STAFF

4 moves to make if your CD matures this December
CBS NewsJonathan Ernest, assistant professor of economics at Weatherhead School of Management, said that certificates of deposit (CDs) maturing in December present key decisions for investors. He emphasized reinvesting wisely to “maintain purchasing power.” While rates may be lower than post-pandemic peaks, Ernest noted they're still high historically. Exploring alternative investments, like Treasury Bills, may also provide advantages.