Stock Market Outperforms 5% CD: A Detailed 2-Year Analysis
Saturday, 18 May 2024, 00:00
Stock Market vs. 5% CD: How Much $5,000 Grew Over the Past 2 Years
The stock market has significantly outperformed CDs in recent years. Opening a certificate of deposit (CD) with a 5% APY may seem appealing, but investing in the stock market has proven to be more lucrative.
Comparison of Earnings
- Two-year earnings from CD: $512.50
- Two-year earnings from S&P 500: $1,662.93
In conclusion, investing in the stock market offers greater earning potential than CDs, backed by historical data and market performance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.