Why 2023 is the BEST year to Invest in a CD Ladder | Certificate of Deposit Explained

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Title	:	Why 2023 is the BEST year to Invest in a CD Ladder \| Certificate of Deposit Explained
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Comments Why 2023 is the BEST year to Invest in a CD Ladder | Certificate of Deposit Explained

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Comment from : FIRE Psy Chat

Thanks for sharing
Comment from : TJ Henderson

Great video! Thank you for the info Will I have to pay taxes on this?
Comment from : Daicy Zurita

Thank you for the video I used the CIT Bank calculator It was spot on Thanks again
Comment from : mark sawyer

I have like 3 thousand cash thats free money just to do anything with How can i maximize this to make the most money off it
Comment from : Kingb

I’m with Navy Federal and they have excellent rates on CDs
Comment from : Scot Wells

One question, what happens after the time expires? Do they force you to take your money out?
Comment from : Antidote

Do you have any videos for people just starting out with a small amount? 😅 I have 50k sitting in my savings and not too many current expenses Could I put 30k of that in a 5 month CD and be okay? How do people with small nest eggs get started in building their wealth?
Comment from : Grumpy Schnauzer

So you are telling me if you put up 10k liquid its only 700 dollars for 18 months or did i miss something?
Comment from : Pedro Rodriguez

I would only do a 9 mo or 1 yr CD the way things are and there paying 520 to 525 average If you do a ladder for the same time you will lose on the total interest return and a 2 year cd tops right now is 505 So do you reall see the return as good in a 1 yr ladder verses a 1 yr Cd I don't think so
Comment from : Thomas Bridges

What if i'm living off my emergency savings right now but want to put some towards investments?
Comment from : sig310

Question I had a 9 month CD for $250K that just matured with my local bank I now want to either do another 9 Mo or 1 year but just learned about teer CD's I have a Fidelity account with the $250 K sitting there right now they have a 4 teer ladder at 530for a year I like the Idea of 1/4 return in 3 months Or I could do a 1 year Cd at 540 If I did a ladder and keep the first 3 months and do the same to the 1 year what would my return be I know the 1 year is the best return but was thinking of trying the ladder if making decent money I'm in my 70's so that is one reason I don't invest and I do have a 104K with Fidelity I take from monthly for living expenses Thanks for some opinion on this
Comment from : Thomas Bridges

If I have over 100k in savings and I want to make money while it sits, would a 5 months cd @465 be a good idea to make a few grand in 5 months?
Comment from : Young World

Fantastic information!! Thank you 😺
Comment from : Lee Withey

So I just pulled from my savings to pay $7k in credit debt I was saving for a home that I was unsure when i was going to buy I just opened a bank acct and see it has a 13 month 535 CD rate Will this be smart to open? Idk anything about CDs This will be my first if i follow through
Comment from : Treveyon Kinnard