I've abided by one principle with my investing throughout my twenties - build an emergency fund, then stay the course with steady investment into mutual funds and ETFs.
But when things like a 4.9% CD come up, I don't know how to react - especially considering the uncertainty of the economy right now. At what point does it make sense to go with the high-interest CD over the mutual funds/ETFs? At 30, am I still young enough that the long-term gains in the stock market would be dumb to pass up?
But when things like a 4.9% CD come up, I don't know how to react - especially considering the uncertainty of the economy right now. At what point does it make sense to go with the high-interest CD over the mutual funds/ETFs? At 30, am I still young enough that the long-term gains in the stock market would be dumb to pass up?