Where to Put Your Money During a Recession | The Motley Fool (2024)

Where to Put Your Money During a Recession | The Motley Fool (1)

Member FDIC.

APY:5.10%Term:10 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (2)

Member FDIC.

APY:4.70%Term:1 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (3)

APY:5.05%Term:1 YearMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (4)

APY:5.15%Term:9 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (5)

Member FDIC.

APY:4.75%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (6)

Huntington Bank Standard CD

Member FDIC.

APY:0.05%Term:1 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (7)

APY:5.06%Term:1 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (8)

APY:3.00%Term:1 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (9)

APY:3.00%Term:2 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (10)

Huntington Bank Standard CD

Member FDIC.

APY:0.05%Term:3 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (11)

Member FDIC.

APY:3.00%Term:3 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (12)

APY:Up to 4.51%Term:3 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (13)

APY:5.26%Term:3 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (14)

APY:5.00%Term:3 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (15)

APY:3.50%Term:3 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (16)

Member FDIC.

APY:2.00%Term:3 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (17)

Member FDIC.

APY:5.00%Term:3 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (18)

APY:3.00%Term:3 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (19)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:3 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (20)

APY:4.90%Term:5 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (21)

Fidelity CD

Member FDIC.

APY:5.25%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (22)

APY:5.10%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (23)

APY:4.00%Term:6 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (24)

APY:3.80%Term:6 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (25)

APY:4.95%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (26)

Valley Bank CD

Member FDIC.

APY:4.75%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (27)

Member FDIC.

APY:4.40%Term:6 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (28)

Member FDIC.

APY:4.25%Term:6 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (29)

First Internet Bank of Indiana CD

Member FDIC.

APY:5.18%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (30)

Member FDIC.

APY:4.25%Term:6 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (31)

APY:4.80%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (32)

APY:5.15%Term:6 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (33)

Member FDIC.

APY:5.15%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (34)

APY:4.00%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (35)

Vanguard Brokered CD

Member FDIC.

APY:5.30%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (36)

Member FDIC.

APY:3.00%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (37)

Salem Five Bank CD

Member FDIC.

APY:5.00%Term:6 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (38)

Member FDIC.

APY:1.00% - 5.00%Term:6 MonthsMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (39)

Republic Bank of Chicago CD

Member FDIC.

APY:0.50%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (40)

APY:5.10%Term:6 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (41)

Member FDIC.

APY:Up to 5.05%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (42)

APY:Up to 2.51%Term:6 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (43)

First Tech CD

APY:up to 4.91%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (44)

Member FDIC.

APY:5.05%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (45)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (46)

Member FDIC.

APY:5.37%Term:6 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (47)

Generations Bank High-Yield CD from Raisin

Member FDIC.

APY:5.21%Term:6 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (48)

Member FDIC.

APY:0.05%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (49)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.50%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (50)

Member FDIC.

APY:5.00%Term:6 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (51)

Member FDIC.

APY:5.30%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (52)

Member FDIC.

APY:5.15%Term:6 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (53)

All America Bank CD

Member FDIC.

APY:4.75%Term:6 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (54)

Member FDIC.

APY:4.76%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (55)

Generations Bank CD

Member FDIC.

APY:5.00%Term:6 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (56)

APY:5.23%Term:6 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (57)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (58)

APY:3.00%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (59)

Member FDIC.

APY:5.00%Term:6 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (60)

Member FDIC.

APY:5.01%Term:7 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (61)

APY:4.75%Term:7 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (62)

APY:5.00%Term:7 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (63)

APY:Up to 5.01%Term:7 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (64)

Huntington Bank Promotional CD

Member FDIC.

APY:5.13%Term:7 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (65)

First National Bank Special CD

Member FDIC.

APY:5.20%Term:7 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (66)

APY:4.90%Term:9 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (67)

Member FDIC.

APY:4.25%Term:9 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (68)

APY:4.85%Term:9 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (69)

Member FDIC.

APY:5.30%Term:9 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (70)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:9 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (71)

Member FDIC.

APY:3.75%Term:9 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (72)

APY:5.15%Term:9 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (73)

Member FDIC.

APY:4.45%Term:9 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (74)

NASA Federal Credit Union High-Yield Certificate

Federally insured by NCUA.

APY:5.55%Term:9 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (75)

APY:4.90%Term:9 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (76)

Salem Five Bank CD

Member FDIC.

APY:5.00%Term:9 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (77)

Generations Bank High-Yield CD from Raisin

Member FDIC.

APY:5.31%Term:10 MonthsMin. Deposit:$1

Huntington Bank Promotional CD

Member FDIC.

APY:4.86%Term:11 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (79)

APY:3.50%Term:11 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (80)

APY:4.75%Term:11 MonthsMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (81)

First Internet Bank of Indiana CD

Member FDIC.

APY:5.31%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (82)

Member FDIC.

APY:4.80%Term:1 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (83)

Member FDIC.

APY:4.50%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (84)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.60%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (85)

APY:4.75%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (86)

Member FDIC.

APY:Up to 4.80%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (87)

Republic Bank of Chicago CD

Member FDIC.

APY:0.75%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (88)

Member FDIC.

APY:2.75% to 3.75%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (89)

APY:1.50%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (90)

First Tech CD

APY:up to 4.55%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (91)

Member FDIC.

APY:5.05%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (92)

Valley Bank CD

Member FDIC.

APY:4.50%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (93)

APY:5.25%Term:1 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (94)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (95)

All America Bank CD

Member FDIC.

APY:4.75%Term:1 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (96)

Member FDIC.

APY:0.05%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (97)

Connexus Credit Union Share CD

APY:Up to 4.81Term:1 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (98)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (99)

Member FDIC.

APY:5.15%Term:1 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (100)

Member FDIC.

APY:5.00%Term:1 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (101)

Member FDIC.

APY:5.37%Term:1 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (102)

APY:5.00%Term:1 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (103)

APY:4.25%Term:1 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (104)

Vanguard Brokered CD

Member FDIC.

APY:5.40%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (105)

Member FDIC.

APY:4.65%Term:1 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (106)

Member FDIC.

APY:5.20%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (107)

APY:4.00%Term:1 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (108)

Flushing Bank CD

Member FDIC.

APY:5.00%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (109)

APY:4.85%Term:1 YearMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (110)

Member FDIC.

APY:5.31%Term:1 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (111)

Member FDIC.

APY:4.76%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (112)

APY:4.95%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (113)

Member FDIC.

APY:1.00% - 4.75%Term:1 YearMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (114)

Member FDIC.

APY:5.25%Term:1 YearMin. Deposit:$1,500

Where to Put Your Money During a Recession | The Motley Fool (115)

Fidelity CD

Member FDIC.

APY:5.05%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (116)

APY:4.80%Term:1 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (117)

Generations Bank CD

Member FDIC.

APY:5.20%Term:1 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (118)

APY:4.90%Term:1 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (119)

Salem Five Bank CD

Member FDIC.

APY:5.55%Term:1 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (120)

Member FDIC.

APY:5.25%Term:13 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (121)

APY:5.25%Term:13 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (122)

APY:5.15%Term:13 MonthsMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (123)

First National Bank Special CD

Member FDIC.

APY:5.00%Term:13 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (124)

Republic Bank of Chicago CD

Member FDIC.

APY:4.33%Term:13 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (125)

SchoolsFirst Federal Credit Union CD

Federally insured by NCUA.

APY:5.00%Term:13 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (126)

Member FDIC.

APY:3.50%Term:13 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (127)

NASA Federal Credit Union High-Yield Certificate

Federally insured by NCUA.

APY:5.30%Term:15 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (128)

Flushing Bank CD

Member FDIC.

APY:4.60%Term:15 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (129)

Member FDIC.

APY:4.00%Term:15 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (130)

Federally insured by NCUA.

APY:5.10%Term:16 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (131)

Member FDIC.

APY:2.85%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (132)

Vanguard Brokered CD

Member FDIC.

APY:5.30%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (133)

Member FDIC.

APY:4.45%Term:1.5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (134)

Member FDIC.

APY:4.60%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (135)

APY:4.27%Term:1.5 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (136)

Member FDIC.

APY:5.06%Term:1.5 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (137)

Member FDIC.

APY:4.50%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (138)

First Internet Bank of Indiana CD

Member FDIC.

APY:5.04%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (139)

Member FDIC.

APY:4.45%Term:1.5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (140)

Salem Five Bank CD

Member FDIC.

APY:4.50%Term:1.5 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (141)

APY:4.90%Term:1.5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (142)

Member FDIC.

APY:0.05%Term:1.5 YearMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (143)

Republic Bank of Chicago CD

Member FDIC.

APY:1.00%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (144)

Member FDIC.

APY:2.00%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (145)

APY:1.50%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (146)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (147)

Member FDIC.

APY:5.10%Term:1.5 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (148)

APY:3.25%Term:1.5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (149)

Member FDIC.

APY:4.50%Term:1.5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (150)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (151)

Member FDIC.

APY:3.00%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (152)

Member FDIC.

APY:5.00%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (153)

APY:4.75%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (154)

Member FDIC.

APY:4.40%Term:1.5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (155)

APY:4.60%Term:1.5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (156)

APY:4.50%Term:1.5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (157)

APY:4.60%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (158)

Member FDIC.

APY:5.00%Term:1.5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (159)

Member FDIC.

APY:4.90%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (160)

Member FDIC.

APY:0.05%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (161)

Fidelity CD

Member FDIC.

APY:5.00%Term:1.5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (162)

First National Bank Special CD

Member FDIC.

APY:3.50%Term:19 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (163)

Valley Bank CD

Member FDIC.

APY:4.00%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (164)

Member FDIC.

APY:4.25%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (165)

First Internet Bank of Indiana CD

Member FDIC.

APY:4.82%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (166)

APY:4.50%Term:2 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (167)

Member FDIC.

APY:Up to 4.30%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (168)

Member FDIC.

APY:4.50%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (169)

Member FDIC.

APY:2.00%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (170)

Member FDIC.

APY:4.00%Term:2 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (171)

APY:4.40%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (172)

APY:4.20%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (173)

Vanguard Brokered CD

Member FDIC.

APY:5.20%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (174)

Salem Five Bank CD

Member FDIC.

APY:3.25%Term:2 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (175)

Member FDIC.

APY:4.00%Term:2 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (176)

Member FDIC.

APY:0.05%Term:2 YearMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (177)

Generations Bank CD

Member FDIC.

APY:4.24%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (178)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (179)

Republic Bank of Chicago CD

Member FDIC.

APY:1.25%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (180)

First Tech CD

APY:up to 2.25%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (181)

Member FDIC.

APY:4.80%Term:2 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (182)

Member FDIC.

APY:4.65%Term:2 YearMin. Deposit:$1,500

Where to Put Your Money During a Recession | The Motley Fool (183)

APY:1.50%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (184)

APY:3.30%Term:2 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (185)

Member FDIC.

APY:5.20%Term:2 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (186)

Member FDIC.

APY:4.90%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (187)

APY:4.20%Term:2 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (188)

Fidelity CD

Member FDIC.

APY:4.90%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (189)

Member FDIC.

APY:0.05%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (190)

Member FDIC.

APY:4.00%Term:2 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (191)

Member FDIC.

APY:4.50%Term:2 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (192)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.45%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (193)

APY:4.00%Term:2 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (194)

APY:4.30%Term:2 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (195)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (196)

APY:4.50%Term:2 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (197)

All America Bank CD

Member FDIC.

APY:4.25%Term:2 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (198)

Connexus Credit Union Share CD

APY:Up to 4.56%Term:2 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (199)

Member FDIC.

APY:4.50%Term:2 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (200)

Member FDIC.

APY:5.00%Term:25 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (201)

First National Bank Special CD

Member FDIC.

APY:3.50%Term:25 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (202)

Member FDIC.

APY:3.75%Term:30 MonthsMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (203)

APY:1.50%Term:30 MonthsMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (204)

First National Bank Special CD

Member FDIC.

APY:3.00%Term:35 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (205)

Member FDIC.

APY:4.75%Term:35 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (206)

APY:4.15%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (207)

First Internet Bank of Indiana CD

Member FDIC.

APY:4.66%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (208)

Vanguard Brokered CD

Member FDIC.

APY:5.15%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (209)

Member FDIC.

APY:4.00%Term:3 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (210)

Salem Five Bank CD

Member FDIC.

APY:2.00%Term:3 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (211)

Member FDIC.

APY:3.75%Term:3 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (212)

APY:4.25%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (213)

APY:4.15%Term:3 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (214)

APY:4.00%Term:3 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (215)

Member FDIC.

APY:4.00%Term:3 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (216)

Member FDIC.

APY:4.15%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (217)

Fidelity CD

Member FDIC.

APY:4.80%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (218)

Member FDIC.

APY:4.40%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (219)

Member FDIC.

APY:4.80%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (220)

Member FDIC.

APY:0.05%Term:3 YearMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (221)

Republic Bank of Chicago CD

Member FDIC.

APY:1.50%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (222)

First Tech CD

APY:up to 2.45%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (223)

APY:4.10%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (224)

APY:3.35%Term:3 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (225)

Member FDIC.

APY:0.10%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (226)

All America Bank CD

Member FDIC.

APY:3.75%Term:3 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (227)

Member FDIC.

APY:4.55%Term:3 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (228)

APY:1.50%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (229)

Member FDIC.

APY:5.15%Term:3 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (230)

Member FDIC.

APY:2.00%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (231)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (232)

Member FDIC.

APY:4.30%Term:3 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (233)

APY:3.00%Term:3 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (234)

APY:2.85%Term:3 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (235)

Member FDIC.

APY:3.50%Term:3 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (236)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.35%Term:3 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (237)

Member FDIC.

APY:4.25%Term:3 YearMin. Deposit:$1,500

Where to Put Your Money During a Recession | The Motley Fool (238)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:3 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (239)

Member FDIC.

APY:up to 1.75%Term:37 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (240)

Member FDIC.

APY:4.75%Term:45 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (241)

APY:3.40%Term:4 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (242)

Member FDIC.

APY:4.90%Term:4 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (243)

Member FDIC.

APY:4.55%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (244)

Fidelity CD

Member FDIC.

APY:4.55%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (245)

Member FDIC.

APY:0.15%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (246)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.20%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (247)

APY:4.05%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (248)

Member FDIC.

APY:3.95%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (249)

Member FDIC.

APY:3.50%Term:4 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (250)

All America Bank CD

Member FDIC.

APY:3.49%Term:4 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (251)

APY:3.00%Term:4 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (252)

Member FDIC.

APY:3.75%Term:4 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (253)

Republic Bank of Chicago CD

Member FDIC.

APY:1.50%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (254)

Member FDIC.

APY:2.00%Term:4 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (255)

First National Bank Standard CD

Member FDIC.

APY:1.00%Term:4 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (256)

Member FDIC.

APY:4.15%Term:4 YearMin. Deposit:$1,500

Where to Put Your Money During a Recession | The Motley Fool (257)

APY:2.50%Term:4 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (258)

APY:4.05%Term:4 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (259)

Member FDIC.

APY:4.45%Term:4 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (260)

Member FDIC.

APY:3.95%Term:4 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (261)

Vanguard Brokered CD

Member FDIC.

APY:4.30%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (262)

First Internet Bank of Indiana CD

Member FDIC.

APY:4.50%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (263)

Salem Five Bank CD

Member FDIC.

APY:2.25%Term:4 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (264)

APY:4.00%Term:4 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (265)

APY:1.61%Term:4 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (266)

APY:4.00%Term:4 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (267)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:4 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (268)

NASA Federal Credit Union High-Yield Certificate

Federally insured by NCUA.

APY:4.60%Term:49 MonthsMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (269)

First National Bank Special CD

Member FDIC.

APY:3.00%Term:52 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (270)

Member FDIC.

APY:4.75%Term:59 MonthsMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (271)

Member FDIC.

APY:3.75%Term:5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (272)

Member FDIC.

APY:3.75%Term:5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (273)

Member FDIC.

APY:4.80%Term:5 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (274)

Member FDIC.

APY:4.45%Term:5 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (275)

APY:4.00%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (276)

First National Bank Standard CD

Member FDIC.

APY:1.50%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (277)

APY:1.50%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (278)

All America Bank CD

Member FDIC.

APY:3.49%Term:5 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (279)

NASA Federal Credit Union Share Certificate

Federally insured by NCUA.

APY:4.10%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (280)

APY:3.45%Term:5 YearMin. Deposit:$5,000

Where to Put Your Money During a Recession | The Motley Fool (281)

Member FDIC.

APY:4.00%Term:5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (282)

Member FDIC.

APY:0.25%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (283)

APY:4.00%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (284)

APY:4.00%Term:5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (285)

First Tech CD

APY:up to 3.55%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (286)

Republic Bank of Chicago CD

Member FDIC.

APY:1.50%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (287)

Member FDIC.

APY:0.05%Term:5 YearMin. Deposit:$250.00

Where to Put Your Money During a Recession | The Motley Fool (288)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (289)

Member FDIC.

APY:3.90%Term:5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (290)

Vanguard Brokered CD

Member FDIC.

APY:5.15%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (291)

APY:3.95%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (292)

Fidelity CD

Member FDIC.

APY:4.50%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (293)

Member FDIC.

APY:2.00%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (294)

APY:3.00%Term:5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (295)

APY:4.00%Term:5 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (296)

Member FDIC.

APY:4.30%Term:5 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (297)

Salem Five Bank CD

Member FDIC.

APY:2.25%Term:5 YearMin. Deposit:$10,000

Where to Put Your Money During a Recession | The Motley Fool (298)

First Internet Bank of Indiana CD

Member FDIC.

APY:4.55%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (299)

Member FDIC.

APY:3.90%Term:5 YearMin. Deposit:$0

Where to Put Your Money During a Recession | The Motley Fool (300)

Member FDIC.

APY:3.90%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (301)

Member FDIC.

APY:4.15%Term:5 YearMin. Deposit:$1,500

Where to Put Your Money During a Recession | The Motley Fool (302)

APY:3.25%Term:5 YearMin. Deposit:

Where to Put Your Money During a Recession | The Motley Fool (303)

Member FDIC.

APY:4.50%Term:5 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (304)

First National Bank Special CD

Member FDIC.

APY:3.00%Term:61 MonthsMin. Deposit:Up to $10,000

Where to Put Your Money During a Recession | The Motley Fool (305)

Member FDIC.

APY:up to 2.00%Term:61 MonthsMin. Deposit:$1

Where to Put Your Money During a Recession | The Motley Fool (306)

APY:1.50%Term:6 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (307)

Huntington Bank Standard CD

Member FDIC.

APY:0.10%Term:6 YearMin. Deposit:$1,000

Where to Put Your Money During a Recession | The Motley Fool (308)

APY:3.90%Term:6 YearMin. Deposit:$500

Where to Put Your Money During a Recession | The Motley Fool (309)

Member FDIC.

APY:3.75%Term:7 YearMin. Deposit:$2,500

Where to Put Your Money During a Recession | The Motley Fool (310)

Member FDIC.

APY:3.75%Term:10 YearMin. Deposit:$2,500
Where to Put Your Money During a Recession | The Motley Fool (2024)

FAQs

Where to Put Your Money During a Recession | The Motley Fool? ›

During a recession, many investors put money in money market accounts to keep money handy and earn higher-than-average bank rates. Consider investing in a money market account if you can afford the down payment and want easy access to most of your savings.

Where is the best place to put money during a recession? ›

Investors seeking stability in a recession often turn to investment-grade bonds. These are debt securities issued by financially strong corporations or government entities. They offer regular interest payments and a smaller risk of default, relative to bonds with lower ratings.

Are bank CDs safe during a recession? ›

Your money will not be lost. It is usually transferred to another bank with FDIC insurance, or you'll receive a check. Savings accounts, checking accounts, money market accounts, and CDs are examples of federally insured bank accounts.

Where is the safest place to put money if banks collapse? ›

1. Federal Bonds. The U.S. Treasury and Federal Reserve (Fed) would be more than happy to take your funds and issue you securities in return. A U.S. government bond still qualifies in most textbooks as a risk-free security.

Is cash king during a recession? ›

It will give them the funds to buy stocks or other assets during the decline. Because of how precious cash can be during times of financial stress, many have said that cash is king. The phrase means that having liquid funds available can be vital because of the flexibility it provides during a crisis.

Is it better to have cash or property in a recession? ›

Cash. Cash is an important asset when it comes to a recession. After all, if you do end up in a situation where you need to pull from your assets, it helps to have a dedicated emergency fund to fall back on, especially if you experience a layoff.

Should you keep cash at home during a recession? ›

Recessions typically go hand in hand with higher unemployment, and finding a new job may not happen quickly. Catherine Valega, a CFP and wealth consultant at Green Bee Advisory in Winchester, Massachusetts, suggests keeping 12 to 24 months of expenses in cash.

What is the best asset to hold during a recession? ›

Riskier assets like stocks and high-yield bonds tend to lose value in a recession, while gold and U.S. Treasuries appreciate. Shares of large companies with ample, steady cash flows and dividends tend to outperform economically sensitive stocks in downturns.

What happens to your CDs if the bank fails? ›

The FDIC Covers CDs in the Event of Bank Failure

But the recent regional banking turmoil may have you concerned about your investment in case of a bank failure. CDs are treated by the FDIC like other bank accounts and will be insured up to $250,000 if the bank is a member of the agency.

Is it worth putting money in a CD right now? ›

If you don't need access to your money right away, a CD might be a good savings tool for you in 2024 while average interest rates remain high. CD interest rates are high in 2024 — higher nationally, on average, than they've been in more than a decade, according to Forbes Advisor.

Where do millionaires keep their money? ›

Cash equivalents are financial instruments that are almost as liquid as cash and are popular investments for millionaires. Examples of cash equivalents are money market mutual funds, certificates of deposit, commercial paper and Treasury bills. Some millionaires keep their cash in Treasury bills.

Should I take my money out of the bank before a recession? ›

Should you take your money out of the bank during a recession? Probably not. You can withdraw savings to pay bills or reinvest as normal, but banks are somewhat recession-proof. Keep in mind, many banks are FDIC insured: your deposits are protected up to $250,000 per depositor, per bank.

How much cash can you keep at home legally in the US? ›

The government has no regulations on the amount of money you can legally keep in your house or even the amount of money you can legally own overall. Just, the problem with keeping so much money in one place (likely in the form of cash) — it's very vulnerable to being lost.

Who profits most in a recession? ›

Food manufacturers, distributors, retailers, and restaurants that offer good value for the money stand an even better chance of keeping their customers during a recession.

Who makes the most money during a recession? ›

  • Healthcare Providers.
  • Financial Advisors and Economists.
  • Auto Repair and Maintenance.
  • Home Maintenance Stores.
  • Home Staging Experts.
  • Rental Agents and Property Management Companies.
  • Grocery Stores.
  • Bargain and Discount Stores.

What happens to cash savings in a recession? ›

Savings interest rates decrease

In turn, it affects the amount of interest you earn on your savings. However, inflation also tends to be lower during a recession, so the value of your money is higher than when there is high inflation.

How do you make the most money in a recession? ›

Recessions can also push you to reexamine your finances, develop passive income streams, and consult financial advisers to make sure your assets are safe.
  1. Cut living expenses. ...
  2. Build an emergency fund. ...
  3. Develop new skills. ...
  4. Speak with a financial adviser. ...
  5. Create passive income sources. ...
  6. Start a business. ...
  7. Consumer staples. ...
  8. Bonds.
Jan 5, 2024

Where is the safest place for money right now? ›

Low-risk accounts, pros and cons
  • Checking accounts. If you put your savings in a checking account, you'll be able to get to it easily. ...
  • Savings accounts. ...
  • Money market accounts. ...
  • Certificates of deposit. ...
  • Fixed rate annuities. ...
  • Series I and EE savings bonds. ...
  • Treasury securities. ...
  • Municipal bonds.
Oct 18, 2023

How do I protect my money in a recession? ›

The Bottom Line

Build up your emergency fund, pay off your high-interest debt, do what you can to live within your means, diversify your investments, invest for the long term, be honest with yourself about your risk tolerance, and keep an eye on your credit score.

What should not do in a recession? ›

Avoid becoming a co-signer on a loan, taking out an adjustable-rate mortgage (ARM), or taking on new debt. Don't quit your job if you aren't prepared for a long search for a new one. If you own your own business, consider postponing spending on capital improvements and taking on new debt until the recovery has begun.

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Name: Terrell Hackett

Birthday: 1992-03-17

Address: Suite 453 459 Gibson Squares, East Adriane, AK 71925-5692

Phone: +21811810803470

Job: Chief Representative

Hobby: Board games, Rock climbing, Ghost hunting, Origami, Kabaddi, Mushroom hunting, Gaming

Introduction: My name is Terrell Hackett, I am a gleaming, brainy, courageous, helpful, healthy, cooperative, graceful person who loves writing and wants to share my knowledge and understanding with you.