If You’re a Part of the CD Maturity Tsunami—What Will You Do?
September 19, 2024
By October 2024, an estimated $950 Billion in CD deposits will mature1, right around the same time that interest rates are projected to drop. This is the first wave of the CD Maturity Tsunami2, with about $2.5 Trillion in term deposits maturing over the next 12 months.
If you’ve been getting those maturity notices in the mail, this poses the question: what will you do? There are two options, re-invest in another CD or explore other investments.
CDs are traditionally seen as a low-risk investment, offering guaranteed returns in exchange for “locking” up money for a set period of time. However, even CDs come with their own levels of risk, such as inflation, liquidity, a fluctuating rate environment and time-equity chasing after the ‘best’ rate.
Investors who are looking to generate income off of their initial investment may not consider reinvesting in a CD but instead, look for an alternative solution. One such alternative may be right in your own backyard with TS Prosperity Group!
With our Core Investment Portfolios, we have a proven track record of generating competitive returns while minimizing investment risk through a proprietary investment model. These portfolios are specially curated by our in-house Investment Team to ensure that:
- Managing Risk is the #1 priority
- Each asset held ensures true diversification
- The portfolio components work together to manage risk and generate returns
To see if our Investment Philosophy aligns with your goals and risk tolerance, talk with one of our experienced team members by calling toll-free 844-487-3115 or fill out the form below!
1Analysis of FDIC data by the Financial Brand, a banking trade publication
2James White, banking consultant at Total Expert
At TS Prosperity Group, we IGNITE PROSPERITY® by helping our clients do more with their money. Whether it’s saving a little extra cash each month or accomplishing a long-term strategy, our goal is to help you transform your financial life. Call and schedule an appointment today, one of our team members would love to help you do more with your money at TS Prosperity Group. TS Prosperity Group is based in Council Bluffs, Iowa, with clients across the Midwest. For more information visit tsprosperitygroup.com or call 844-487-3115. #igniteprosperity
Investment products offered by TS Prosperity Group are: Not a Deposit • Not FDIC Insured • Not Insured by any Federal Government Agency • Not Guaranteed by the Bank • May Go Down in Value.