3 reasons I pulled my money out of stocks and put it into a high-yield CD
3 reasons I pulled my money out of stocks and put it into a high-yield CD
I wasn't able to give my stock portfolio the attention it needed, and I didn't know how to make good stock purchases. I'm much happier with my CD.
Here, let me save y'all the click and provide a translation:
I was a total idiot with my savings, despite obviously being able to use the most incredible depository of information that ever existed. So, because I was stupid, Imma write an article on how I plan to apply ongoing stupidity with my life savings.
This rocket scientist is continuing to sow her ignorance. Sure, CDs are/can be a facet of an investment strategy. But she mentions nothing about laddering her CDs (maintain both advantages of yield + liquidity). She mentions nothing about picking CDs or their terms. She also fails to go into any detail about what she learned other than "consult your financial advisor." Wow, thanks for that! /eyeroll
Money is that for which we are stuck trading at least ⅓ of our lives. That waste of human capacity and potential is, in and of itself, a tragedy of Capitalism. But disseminating that ignorance as some influencer is next-level financial aggression.