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Why 2024 is the BEST year to Invest in a CD Ladder | Certificate of Deposit Explained

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FIRE Psy Chat

With the interest rates at a 15year high, several banks offer CDs at 45% in APY. Is now the right time to invest in CDs?

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⏰ Table of Contents ⏰
0:00 Is CD Saving Right For You?
1:12 Purpose of CD Savings
4:30 When NOT to use a CD
7:44 CD Ladder Strategy

#FIREPsyChat #FinancialIndependence #CertificateofDeposit

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Disclaimer: I am not a financial advisor. I am solely sharing my personal experience and opinions. All Strategies, tips, suggestions, and recommendations shared are solely for entertainment and educational purposes only. There are financial risks associated with investing. You must conduct your own research and due diligence or seek the advice of a licensed advisor if necessary.

Affiliate Disclosure: Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact our opinions and comparisons.

posted by saunejats3l