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Is a CD the Safest Place for Investments?

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80? Take a vacation What you don’t spend put back into a CD
Comment from : @brianboyd1

At 80 yrs old, I'd SPEND IT!
Comment from : @mistermatsuda

Nope
Comment from : @soccersprint

What conditions change the you receive on a CD?
Comment from : @jhanick

A lot of people think about CDs wrong If you want 1k a month you need about 219k at a 55 but most places give 4 so you’ll need about 300k
Comment from : @Boogasugacat

Thanks
Comment from : @Nick-Louisiana

I'm 65 And I'm trying to enjoy my m money,, forget it abt 80 I have lot of CD plus stock too In total 500k
Comment from : @CarmenGarcia-bu3so

I agree with stocks, and mutual funds, and some CDs Never had s lot in stock but being able to go and pull out $2-3000 after losing a job or other emergencies had been quite a safety net
Comment from : @lindacathcart7414

Great idea
Comment from : @edwardbreen7823

CDs are paying 4 to 5 and the S&P P/E ratio is 2877 Using the rule of 72 the CD is likely to out perform the S&P going forward without the risk of potential substantial losses If she had asked me I would have advised her to put $100K of that money in physical gold and silver based on current economic conditions
Comment from : @eyeorewolf

Bless both, Dave and Juliette in this video ❤
Comment from : @TheDanielRodriguez

Not a believer in CDs when HYSA are just as high and you’re able to contribute over time You earn more in the long run if you don’t touch the money
Comment from : @ThatBoyPause

What is the update on TIME SHARE Problems????
Comment from : @roberven5617

My daughter is now 35 and I did the same thing Every summer she worked I matched 100 in a Roth IRA in an S & P 500 Index fund I paid the taxes and now she has the start of a great nest egg I have taught her never to touch it Now she puts money in a Roth on her own but for very few dollars, what a great start at a retirement savings she has
Comment from : @MrArtVendelay

Oh look a Ramsey sound bite that is actually useful I like that he uses behavior analysis (Psychological component)
Comment from : @Vicente-en2zx

Great and fair advice for her peace of mind Investing is not a one size fits all ❤
Comment from : @tammivandyke2889

The older you are you need safety and not lose everything in the market😮
Comment from : @lindajohnson

Good answer, the stock market is too risky Cd’s are still paying around 5
Comment from : @lindajohnson

What about the $250 k maximum…if they are at $250 plus interest shouldn’t be in two accounts…?
Comment from : @maryrenaud6732

If lucky you may keep up with inflation Buy stocks
Comment from : @02hreblue30

Most of my money is in ETFs But I do have a small allocation to individual stocks that I have a strong conviction in
Comment from : @philipfletch

The "boring" 8 return in the stock market is only boring because you don't have a lot invested Getting 8 on a $750,000 portfolio is a $60,000 gain That is not boring If you focus on a larger principal amount (aka investing more), the "boring" 8 becomes fun
Comment from : @AndersonFair-cy2bb

Curious why she isnt out enjoying the money
Comment from : @BirdDogey1

I got my CD at 45 in Dec, 2024, so the investment in earlier 2024 would have yielded higher rates 😮
Comment from : @kittykat334

Spend it Lady🫨 at 80 yrs old F the kids
Comment from : @diannemc3179

When opening a $100,000 CD account in a mayor USA Bank (brick & mortar)… Should we expect the bank to issue a CD certificate or at least a digital certificate… or not at all… nowadays?
Comment from : @inkandescent3382

The shame of this is her and her husband saved their whole life and if something happened the kids would have that spent in no time
Comment from : @James-ql8bo

Good answer Dave!!
Comment from : @twilde3754

I did that before for my son college Open trust accounts for his college By the time he graduated high school I didn’t know I save $20000 for him His gift a car all paid and the money I save He did not spent it he have full scholarship He invest it yo stock still growing 🙏🙏🙏❤️❤️
Comment from : @nenettewalsh9816

At 80 years old this couple should thank the Lord that they woke up that morning Statistically they have surpassed the 76 year mark for men and the 78 year mark for women At their advanced stage there's no reason to risk their life savings in order to make more money They don't need more money They need peace and security and whatever a few years they have left Actually I would advise them if they're in good health to take that trip they never went on to stop pennypinching if that's what they do Their train is about to leave the station And remember you can't take it with you?
Comment from : @drleonardo6382

They are making money of your money and you get the bare minimum
Comment from : @normjames4130

I invested money in CDs for years I bought music that I didn’t even like
Comment from : @ThomasBolleiro

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money I started investing below the $100k mark and in the first 2 months, my portfolio was reading $234,800 Crazy right!, I decided to reinvest a huge percentage of my profit and it got more interesting! For over a year we have been working together making consistent profit just bought my second home at the beginning of summer
Comment from : @MartaRinker

this was hart felt advice
Comment from : @franklynthree

CD’s are for preserving wealth, even at 5 your really just minimizing the effects of inflation Stocks are for building wealth long term
Comment from : @midwestbd7144

I like Cd's and Treasury Notes
Comment from : @Sandrab769

Just make sure you can trust your kids not to kill you early 😅
Comment from : @mc4565

The best place to put your money is under your mattress It always was You don’t lose anything you don’t gain interest but you don’t lose your money to manipulators in con artist And you’re not investing in China cause everyone entrepreneur has everything made in China even your medicine You don’t have to come across any Bernie Madoff’s
Comment from : @mariep4018

The importance of diversifying your investments and always putting your money to work is one thing I've learned from millionaires Next year, I expect to make a return on the about $100K that I plan to invest in equities
Comment from : @MaximilianFischer497

Awesome
Comment from : @Elitesmile123

If they are able to split it up into a few separate CD’s and still earn the same interest rate I would suggest they do that incase they need some money before the CD matures If they do that and need to cash one of the CD’s they wouldn’t loose interest on all of the money
Comment from : @cindytracy9707

CDs are safe from everything but inflation!
Comment from : @TheOrigionalThinker20

Agree with Dave Probably many seniors are investing for their heirs Personally, I use a portion of the $4000 mo interest/dividends for some bills, but let the principal untouched I also prefer preferred stocks for their higher dividends and more safety over common stocks
Comment from : @Macbob-j6f

I also owned a few 5 1/2 cds, but they were shorter term as interest rates were inverted Now they are flattening as longer term rates now pay higher rates
Comment from : @Macbob-j6f

Also, those 5 1/2 cd’s were probably short term cd’s as interest rates were inverted with short term rates higher than long term ones Currently, the interest rates on treasuries and cd’s are flattening, meaning long term rates are now paying the higher rates
Comment from : @Macbob-j6f

In 2025, interest rates may continue lower, therefore, goodbye to 5 new cd rates Same for money market and savings rates I prefer preferred stocks of solid companies that pay over 5, some to 8
Comment from : @Macbob-j6f

I would suggest to this woman to break them into smaller CD's at the same rate if they can provide the same rate That way if she needs to get some fast cash a $250k CD that you cash out early would lose a lot of interest rather than having to break say a $50k and still have $200k combined in other smaller CD's But of course, she may be getting that 55 rate because it's one big CD
Comment from : @johnviolette5511

Hide your money so no one can find it but you
Comment from : @williedorsey3485

Beautiful ✌🏼
Comment from : @chrisventura1881

Yes it is Out of style is just corporate ownership of individuals But you know that
Comment from : @FuchsiaFire444

Using CDs has a way to get cheaper loans on cars What are your thoughts on this stuff ? I heard about CD loans for lines of credit or ways to buy vehicles I’m really interested in this idea for future car loans
Comment from : @romanhut2917

Money follows money
Comment from : @Mikk-t2o

What's a CD?
Comment from : @JanetKing-g9c

Good advice thankyou 😮
Comment from : @leovenier1011

❤❤❤
Comment from : @chabridgettumusiime8994

Investments are the roots of financial security; the deeper they grow, the stronger your future will be"
Comment from : @IsabellaAriau2m

Why not T Bills?
Comment from : @redb3885

Dave Ramsey doesn't disappoint It was stupid of me to sell $76,000 worth of NVDA stocks without reinvesting I might turn to cash soon if I don't Any particulars? (Buying bonds or CDs is not for me)
Comment from : @carolynrose1816

CDs are a good long term investment I know several retirees that have CDs and are living fine
Comment from : @NightWLKR1

Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks Currently, my portfolio is down by 15 Wondering if they're any short term opportunities I can invest in
Comment from : @NikitaMcLauren

I'm on SSI and to keep it simple I just want to build back the generational wealth my dad lostI don't have 5-10-20,000$ that everybody wants in order to do CDs or invest in pre IPOs what is the best way to do this ?can I start to build generational wealth if I have nothingI wanna know my daughter&family have something🙏when I die
Comment from : @janedoe6071

I’ve never had much success with stocks, but crypto has been a different story My biggest win came when I invested $1,500 in Shiba Inu In just four months, the value skyrocketed, and my investment grew to $30,000 when Shiba Inu took off As soon as I saw the price dropping fast, I decided to cash out, walking away with a $27,000 profit brbrI believe Crypto is for the people and Stocks is for the government
Comment from : @runningbearsf

My advice to new investors: Buy good companies stocks and hold them as long as they are good companies Just do this and ignore the forecasts and market views which are at best entertaining but completely useless
Comment from : @tatianastarcic

My 401k is enough risk for me I keep some money in cds and make a little over 5k in interest a year
Comment from : @smarro71

Too bad commies are in control
Comment from : @gegaoli

The most significant lesson I learned in 2023 from the stock market is that nobody can predict the future Therefore, it's important to approach investing with humility and follow a long-term strategy that has a proven edge Suggestions as regards to strategies are welcomed
Comment from : @alexstevenm6414

what about high yield savings accounts?
Comment from : @ewppkl

Anything above 5 percent is not a bad deal! Take it!
Comment from : @patallenhurst3043

Good advise!!!
Comment from : @JeanneFiorelli

CDs? CDs nuts
Comment from : @corey8923

1 like if you think Dave is lying and really likes crypto 😂
Comment from : @MrPmsavage001

I've kept much of my savings in cash for safety, but I'm unsure if it's right for retirement Contemplating investing $400K in stocks, as I've heard investors can profit in tough times Unsure about my next move
Comment from : @jameswood9772

What about taxes
Comment from : @SamMcKinley

I’m almost 60 and an injured worker can’t work no more medically CDs fit my profile perfectly especially when the CDs hit a high 55 I’m living well with the monthly interest perfectly!
Comment from : @BearPapa49

She’s 80 years and has $250,000 ?
Comment from : @juancampanur7548

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money I started investing with $150k and in the first 2 months, my portfolio was reading $274,800 Crazy right!, I decided to reinvest my profit and get more interesting For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family
Comment from : @Mary-h2w

high yeild savings account is Waaaayyyyy better Dave
Comment from : @weirdphax5406

Dave raised that one right 🫡
Comment from : @OutskirtsAuto

Good advice! I am moving all my investments into CD’s at 71 for security
Comment from : @roylappin4491

CD or High interest savings? I can get 5 with high interest account, is that more fkexible than CD?
Comment from : @supremeclientele3344

I got 475 a couple of days back Wish I would have got it when it was 5 Mine matures in March 2025
Comment from : @SalsaCaballero

Dave Ramsey is just great to listen to But involving family is a deal breaker why they just wNt to ride the waves they have never seen the hard ship what you seen Am sorry but your family is just fake Here just for the money
Comment from : @lisaroy4979

I plan to talk with a financial adviser at Navy Fed But id stay away from Navy Federal Financial Services They wanted to push me into annuities Im just gonna ladder cds for retirement
Comment from : @comm2531

Great advice
Comment from : @comm2531

This was so good, a complete answer thank you!
Comment from : @Charlies1970TA

I like investing in close-end funds that pay monthly dividends The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or whenever you can afford to This can be easily done because close-end funds are bought and sold on the stock market just like regular stock That'd be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Comment from : @ryanwilliams989

I'm 70 years old and I no longer invest in the stock market at that age I cannot afford to take losses and wait 10 years for it to recover or even 3 or 4 years nope I use CD's for all my investments now
Comment from : @happynurse8706

I disagree, she should split it up into a laddered set of CDs, over various times, so that she can spend the money from earlier maturities
Comment from : @bobfmirvine6652