What are Certificates of Deposit? (CDs)

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Information What are Certificates of Deposit? (CDs)

Title	:	What are Certificates of Deposit? (CDs)
Lasting	:	3.09
Date of publication	:
Views	:	163 rb

You forgot tax differences !
Comment from : @kissme4492

This aged well Three years later Yes the best way was in fast to dump it all into Bitcoin and let it hit 100k lmao
Comment from : @DEFCONFox

Btw, bitcoin hit $100k already
Comment from : @judeshin1402

3 years later in 2024, yes you should have just put your money in bitcoin and wait till it hits 100k
Comment from : @GunningWithPayne

You ignore the fact that CDs allows you to sell it at discout at money market
Comment from : @ajyb5289

Buff Jesus 😭🤭
Comment from : @robyn_southafrica

nice video, good editing and very understandable My one complaint is the spinning money background staring around 2:17 makes me feel dizzy especially with all the text to read and how long it continue for might want to slow down spinning backgrounds in the future brI also have some questions: Are there other common "fine print" gotchas with CDs? What the benefit of CDs are for the banks? Why do they want your money there for a long time?
Comment from : @cjjoer-3708

What happens after the term is up? do you stop receiving the APY?
Comment from : @FABIOLAGARCIA-ze3if

I just saw one advertised, 6 month @ 4, not appealing at all
Comment from : @TimothySimpson-qf1xk

Fast forward 3 years from this video banks are now offering 45 - 5 APR on CDs
Comment from : @chadster7547

Chase is offering 5 in 8 months
Comment from : @RGTomoenage11

2:04 as high as 3-4? Oh man right now they're over 5! but I wonder how long this will last
Comment from : @Trancer006

I wish I knew about these 3 years ago, had 30k sitting in bank for 3 years earning nothing Could've earned 5k over those 3 years
Comment from : @JoebsonOSRS

how do the taxes work?v i'm in a 13-month term with a high apy, with a good monthly return
Comment from : @ambesa1

Really can't believe I just recently retired in my early fifties with my lovely wife of about 46 years of age with our kids almost done with collegebrWe're both worth over $27M with no single debt We're living quite smart and careful with spending Before we were struggling to raise the kids with the family bills and in deep debtbrNow everything is going great, we now even contribute actively to community development in our neighborhood
Comment from : @vandrex

This vid definitely help me understand CD’s better
Comment from : @GigiLWalls

Are there any CDs that make over 4 per Year? If so, can you tell me who I can contact?
Comment from : @JohnDoe-yi9rm

how does the APY work tho? Is that percentage a one time payment for the interest or monthly?
Comment from : @JustineSHarrison

Helppp
Comment from : @MISSMADISONMEDIA

That's the chase in New York Chinatown!
Comment from : @fredericktran4999

Super informative! Thanks
Comment from : @314mia

I can't like the like button
Comment from : @blacklyfe5543

OR you could put your money into Hex The first Blockchain Certificate of Deposit
Comment from : @Bulltardwin

CD's nuts
Comment from : @coolguycorbproductions

do you think a CD is a good idea for people who have trouble touching their savings I'm thinking about one do I can accumulate a savings I don't have easy access to so it can build
Comment from : @Deebie19

CD Means Compact Disc
Comment from : @jaycobsj_hellokittyfanxox

The monthly payments of a CD is also off limits to touch or is it paid to you directly and you can use it whenever?
Comment from : @bwest420

CDs are not going to make you much money and will not keep with inflation So, in the end, you will lose money
Comment from : @neworleansportraitphotogra9015

Most rates now are 25 if you are lucky
Comment from : @240iBMW

CD's are known as term deposit accounts in other countries Maximising your interest rate is all well and good but consider the hidden ongoing costs for each account and minimum deposit terms
Comment from : @soul832006

Anmol's logic, assessment, as well his team are experienced in light years ahead of the majority of the rest of the market it blows my mind
Comment from : @sskarena9886

The intro is a little slow, just bump up the speed by like 12515 (Looks smoother and its "quicker") Awesome video none the less :)
Comment from : @alexlim5787

The interest rates are still terrible it's not a good way of making money Example you save a thousand dollars at 1 over 5 years you make 50 bucks in 5 years
Comment from : @_Super_Hans_