No-Penalty CDs and No-Fee High-Yield Accounts Paying Over 5%+

And, how to invest in jewelry. Created for {EMAIL} | [Web Version]( August 7, 2024 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [X]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] INTRODUCTION [] [Stepping Into Jewelry Investments]( I’m not sure how many people look at jewelry as an investment first and an accessory second. Unlike collectible cars or action figures, you can “use” this investment and not necessarily diminish its value. Honestly, I don’t know enough about jewelry to understand where there is value and how to find it, but Kiplinger contributor Lisa Amand does. Here, she shares [what to watch out for, where to find the goods, and how to have some fun with jewelry investments](. - Donna LeValley, personal finance writer [Start investing in minutes]( With automated tools like portfolio rebalancing and dividend reinvestment, Betterment helps make investing easy for you, and a total grind for your money. [Learn More]( ADVERTISEMENT [] NO RISK SAVINGS OPPORTUNITIES [] [Save Safely With No-Penalty CDs and No-Fee High-Yield Accounts]( [Save Safely With No-Penalty CDs and No-Fee High-Yield Accounts]( (Getty Images) My crusade to ensure you don’t squander an opportunity to lock in 5%+ rates before they fall is a bit personal. I was too young to take advantage of the astronomic savings rates available in the 1980s. In March 1980, six-month CD rates averaged 17.74% APY, and the rate rose to 17.98% in August 1981. At the same time, the average 3-month CD rate hit 18.65%. When savings rates edge above 4.5%, I take notice. Here are [no-penalty CD]( and [no-fee high-yield]( accounts to get you off the fence and into a savings vehicle paying over 5%. And you can change your mind without losing part of your investment. 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Here are some strategies for utilizing whole life or indexed universal life policies as an alternative to Roth IRA conversions. [How are annuities taxed?]( Annuities offer powerful tax advantages and have a few pitfalls (that are avoidable). Here's how to cut your taxes and avoid surprises. [Want to move to France? What to consider financially]( Has the Olympics made you a Francophile? Before you start packing, you might want to check out the potential impacts on your taxes, investments, retirement planning and estate planning. [Build a Better Portfolio — Sign Up for Kiplinger's Free Investing E-Newsletter]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Kiplinger is a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. 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