CDs looked attractive when rates peaked at 5-6% last year, but the Fed has cut rates several times since then and more cuts are likely. Locking into a CD now means missing out on potentially higher-yielding opportunities like blue chip dividend stocks (AT&T, Altria) or REITs. With CDs likely to offer lower yields going forward and their rates possibly not even matching inflation, investors might want to consider shifting to dividend-paying stocks as rates fall. Early withdrawal penalties on CDs are another thing to keep in mind if you want to move your money. Are CDs still worth it when higher yields and more flexibility could be found elsewhere?