Should I pull my CDs and buy land?

Asked 4 years ago

I’m considering inflation and the fact that land is an appreciating asset and wondering if I should pull my CDs with a 0.005% interest rate. Any thoughts?

Money withdrawal Buying land Appreciating assets

Andia Rispah Igobwa

Thursday, May 20, 2021

Pulling out a Certificate of Deposit before maturity might attract some penalties.
Only withdraw the money if you have to. However, considering that land is an appreciating asset, it might be worth it to withdraw the CD.