Have $20k that I invested in a 6 month CD @ 5% that is coming to term. Rates on CD’s have dropped a bit and I’m looking at options to invest the money.
I don’t plan on needing access to this amount for at least a year so.
Should I take the money and invest in an S&P index fund / ETF or roll it into a lower yield CD for another 6 months.
I’m pretty risk tolerant and can “set it and forget it”
Any suggestions ?