SimpleImages / Getty Images In a conventional savings or investing climate, depositing a large sum into a long-term certificate of deposit (CD) isn't often the best choice for savers.
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Matt Richardson,
CBS News,
3 Apr. 2026
For long-term savers — those whose retirement is many years or decades away — the ups and downs of the stock market generally matter less because their portfolios have time to recover before being relied on for income.
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