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Certificate of Deposits (CDs) For Beginners | The Ultimate Guide

Danny Sully 46 views

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Do you use CDs? - Enjoy!br💵Lock In Your Rates with CDs! (Just $1 To Get Started) 👉 dannysullylink/Raisin
Comment from : @DannySully

Doesn’t sound to profitable
Comment from : @BCNSSBDS

If I make a $1,000 CD at 35 for 2 months, will I get $35 or $6?
Comment from : @jonesdarryn1

Are CDs always lump sum or I can deposit monthly?
Comment from : @rudroroy1054

Great video!
Comment from : @countdown2xstacy

Danny Sully… your video borders on excellence, there is only one detail left to explain and that is: What happens immediately after one opens a CD account? Should one receive a certificate detailing the opening of the CD account? Or at least a digital certificate?brI just opened a CD account with all my savings from the last 20 years and the Bank has been completely silent, not even a single email about itbrNote: The Bank is one of the largest here in the United States with brick and mortar branches
Comment from : @inkandescent3382

This was clear and easy to understand!
Comment from : @glamazon6172

It's pretty weird because my bank's 6-Month CD has the highest percentage, which is 45, and goes down after that, all the way to 27 for a 60 month (5 years)
Comment from : @Krysdavar

Thanks for the video Well made and very informative
Comment from : @RetireWithEricInvesting

Excellent summary of CDs!
Comment from : @wadesonecent2331

So on the cd ladder why not just start with all cds with the 5 Yrs at 475 rate from the begging?
Comment from : @BeastenBeaner

Thank you Spending 10 minutes with your channel, I had learned so much Subscribed
Comment from : @youtuberx199

Great! 😄
Comment from : @maureenbennett809

So if I deposit $1000 and the apy is 340 it’s saying estimated interest earning is $1971 does that mean I only get $1971 each month towards the $1000 & the term is 7months
Comment from : @exotik_hatchet2396

appreciate the video but I still don't fully understand how accruing interest works? 60k at 516 interest wouldn't be 3k a month?
Comment from : @calvey

So for example, a 3 month CD on a fixed 416 interest rate on a 16k investment would yield approximately $650 at the time of maturity? Or because it may be APY, will it earn approximately $160 at 3 month maturity?
Comment from : @Detroitsportsfan69420

So for example if i invest 250k for 1 year at welfargo bankhow much will i make after tax please?
Comment from : @lb-xu1bs

So you end up making the same amount of money with a 4 month CD than a 7 month one if both have the same interest rate and apy ? Why would I want to wait 7 months to make 5k if I can make the same amount in 4 months ? can someone tell me if I'm right please ? Maybe I just don't understand
Comment from : @DestruccionMundial

thank you so much for your video
Comment from : @josephmartinez4953

In today’s market the short term CDs are higher interest rates than long term
Comment from : @lisagesser714

So for 10k i can make 500 bucks
Comment from : @eugenepearson666

I’m thinking of doing a weekly cd ladder on 6 month CDs for my 6 month emergency fund 🤷‍♂️
Comment from : @EricDanzeisen

What do you recommend regarding BMO ALTO?
Comment from : @bonitatanaka3259

I have been researching CDs for a while and purchased my first one! I have a quick question though I see a lot of banks that I have never heard of that offer high interest rates I'm scared to invest my money into these random online banks Are they safe? I've researched some of them and so far I've read good and bad things about all of them
Comment from : @tee584