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CD vs. mutual fund: Which is a better investment?

investing ideas :: 8hrs ago :: source - yahoo finance

Yahoo Personal Finance · Getty Images


By Kat Tretina

When it comes to your retirement savings, understanding different account options, their fees, and the risks involved is key to your long-term success. Two relatively safe options that many retirees rely on are certificates of deposit (CDs) and mutual funds.

So which option is better for you? That depends on your savings timeline and risk tolerance. Read on for a breakdown of CDs vs. mutual funds so you can make an informed decision with your money..Story continues