I Have $20,000 in a CD, What Should I Do With It?

[@yrPositivePulse]

I'm convinced that investing $50k-100k in the right company before it takes off is better than a CD, but finding that company is tough-just look at NVDA. I have $200k in a CD and want to invest in stocks. What are the best opportunities now?

[@BrewNoCarbs]

A healthy portfolio needs three essentials: ETFs for diversification, cash-flow assets like dividend stocks, and leading tech stocks such as. While I can't provide personalized advice, consulting a reliable advisor is crucial for proper investment planning.

[@Frankweily]

True. I’ve been investing in the stock market for 11 years now, last 5 years with the help of a financial advisor. Through this period of advisory support alone, I've been fortunate enough to achieve a 10x return compared to my previous efforts as a DIY investor, summing up nearly $1m roi as of today. My best so far.

[@Hesse-Kassel]

@@Frankweily Impressive! I admit I'm scared about retirement as I turn 60 on my next birthday. I need to ensure I have enough money to survive on. How can I consult your advisor? My retirement account isn't performing well.

[@Frankweily]

"Melissa Elise Robinson" is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@Hesse-Kassel]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@ThamaraSchlossarek]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets 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..

[@FreuleinBey]

I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second daughter. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks.

[@ThamaraSchlossarek]

@@FreuleinBey Quitting may not be the best approach if you ask me. This is where an AI comes into the picture. I barely have time to trade myself as my job swallows up most of my time. *MARGARET MOLLI ALVEY* , a licensed fiduciary whom has made me over 5 figures in profit in less than seven months, handles my investments. I could leave you a lead if you need help.

[@FreuleinBey]

@@ThamaraSchlossarek Oh please I’d love that. Thanks!

[@ThamaraSchlossarek]

@@FreuleinBey *MARGARET MOLLI ALVEY*

[@ThamaraSchlossarek]

Lookup with her name on the webpage.

[@MrOfficer235]

If that’s his only debt just take 6-8 months to pay off the truck. It’s not that big of a deal.

[@tapangasoul6928]

I was thinking the same thing. Why, not just set aside more income into the CD or HYSA until he has an additional 20k saved up. Pay off the truck, then have the same amount of money he started with. lol idk seems more simple than moving it all around.

[@Juan-mj3bm]

@@tapangasoul6928 I’m in the same boat I was thinking of doing that

[@johnsalvatore1473]

Dave is a moron. Said it would only take the kid 2 months to recover the money bc he doesn’t have a truck payment 😂 what a dipshit…

[@Nrokkll]

Exactly, I thought this was pretty dumb advice. Why move it from a CD that is gaining you interest into a depreciating asset.

[@austinstephens8201]

@@Nrokklldepending on the interest rate and cd returns & taxes but most likely paying the truck off will save you the most money, although draining your savings is risky

[@Nursemidratz]

I called a smart vestor pro out here in California and they charge a flat fee of $2500....I’ll just stick to my KZbin university and Dave. Debt free since February

[@elcheekoful]

How does that work. The smart vester pro, charges you just to look at everything? I know you pay a monthly fee,but it can come out of your investment

[@RavnerRavner]

everything is a commercial for his smart vestor pro rap because he gets a kickback.

[@michaelhunsinger8351]

@@RavnerRavner Yep, that's why he pushes mutual funds rather than ETFs. You can do the same thing with good ETFs but since Dave won't make money on that he won't say anything.

[@mariarosarioriveraleon7967]

Nursemidratz..I am in CA. I am not surprised

[@davecrupel2817]

What a scam.

[@caseycantrell-gh6fg]

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.

[@Donnafrank-k6e]

Hi. I’ve been forced to find additional sources of income as I got retrenched. I barely have time to continue trading and watch my investments since I had my second child. Do you think I should take a break for a while from the market and focus on other things or return whenever I have free time or is it a continuous process? Thanks

[@caseycantrell-gh6fg]

@@Donnafrank-k6e However, if you do not have access to a professional like Clementina Abate Russo, quitting your job to focus on trading may not be the best approach. It is important to consider all options and seek guidance from reliable sources before making any major decisions. Consulting with an AI or using automated trading systems can also be helpful in managing investments while balancing other commitments.

[@Donnafrank-k6e]

@@caseycantrell-gh6fg Oh please I’d love that. Thanks!.

[@caseycantrell-gh6fg]

@@Donnafrank-k6e Clementina Abate Russo is her name.

[@caseycantrell-gh6fg]

Lookup with her name on the webpage.

[@wt9653]

I have 65k in 3 separate CD accounts. Its out performing the Roth IRA in 2023.

[@nnvng]

I'm looking into CDs too. I'm thinking of starting with 5k for 9 months. Do you feel that's a good start?

[@jrsthesedays925]

@@nnvngno

[@wt9653]

@@johnnyautism All my 3 CDs matured. I reinvested in a 17 month CD at 5%. 😁

[@gracefrey6509]

@@johnnyautism I have 3 CDs with over 100K, with avg rate of 4.75% : I am not so intelligent about all these bonds, etc. CD is just about the only thing brain understands and whew, I am satisfied when I look at my bank statements. Yet brokers want to sell me ETF, roll-over 7 day paper etc.. hmmmm.

[@Californiagirl96]

@@nnvng Yes!! I started my first CD with 5k too. Just keep saving in your savings account and when it's time to renew the cd , add whatever else you can to it :) I do one cd where the money is locked in for the term. And another cd which is called "flexible cd" and that's where I have my emergency money, that way if an emergency comes up, I can withdraw from there without paying any penalty for early withdrawal.

[@jjfarm9562]

Current rates are well above 4% so that beats anything with risk

[@sdoken]

Really? It does not beat the stock market which has returned 10% for the last 5 years

[@brakmaster]

Even though I know what a certificate of deposit is, why the heck did I initially think that the guy was stashing 20K in a compact disk case 😂

[@barbieblue3336]

Disc

[@diysolutionsandhowtos5108]

@@barbieblue3336 ok MR pronounsiation/speilling

[@mrj6]

Bro 😂😂😂😂

[@audreyrenee]

okay so im not the only one!!

[@SycaShow]

I thought too .. but I’ll get one soon I just did

[@hurt1704]

Dave- you’re single I take it 😅😂

[@michaelschnittker7388]

This is incredibly useful stuff, a real service to the public. Thank you.

[@royroyce6620]

Really it’s not - they are selling actively managed mutual funds with high fees

[@lenajackson5448]

the average person doesn't know how to trade- what's the best option for those who want someone else managing them@@royroyce6620

[@wrsawy]

I have 80 grand in a CD making 4.5 percent. I have few bills, no mortgage, vehicle payments, etc. I'm on a one year lease in my apartment, so I won't be moving or buying. The money is safe, I don't worry about it, plus it's election time which always makes me nervous. I have money in Fidelity, many index funds, investments with Morgan Chase and NY life. I also buy small CD's and play the ladder game. Once the big CD matures, I'll stick most of it in fidelity. Interest rates, inflation, election - I wanted some stress free comfort for the 11 month duration of the CD.

[@age_of_reason]

"I'm engaged." Game over.

[@h.hickenanaduk8622]

I saved 2 grand a month and lost 180 ugly pounds when my wife left me. Like Louis said, "Marriage can be fun, but divorce is fantastic!"

[@SamLee-ds7fi]

Well man she might of stayed if you hadn't got fat 😂

[@JohnDoe-id5ih]

​@@SamLee-ds7fi Bad mindset

[@DavidAlgoma]

@@SamLee-ds7fi the 180 pounds was the shitty nagging wife

[@0neofthem]

Seems crazy to open any Roth CD, as it’s a waste of the $6000/year contribution on such a low rate of return.

[@NothingButSilicone]

Do you feel differently now since interest rates have increased? I need help. I inherited 141 acres of land back in 2014, and because of the current timber prices, I’m logging some of it. On Thursday after meeting with lawyers I’m signing the contract with the top bidder for 1.4 million. Capital One is offering 3.5%. I’d imagine more depending on how long term and the amount I deposit. But let’s say I did 500k, 3.5% would be 17.5k every single year. That’s a pretty decent guaranteed chunk

[@NothingButSilicone]

@John Doe Yep. Thank you. I did $250k in treasury bonds so far. Waiting until January to do $250 to $500k in savings CDs.

[@NothingButSilicone]

@John Doe Also, the Capital One CD I was referring to in my initial comment, it’s already up to 4.25% right now. Wouldn’t be surprised if it reached 4.5% or even 4.75% by February.

[@michaelboone5113]

@@NothingButSilicone so happy for you! Maybe look at doing a CD ladder? You can do it on your own, but fidelity has a really strong one with 1,2,5 year ladders premade. Are you going to roll that money into new CD’s? Or are you using it as income?

[@MBEG89]

Great point.

[@CaseyBurnsInvesting]

Move it into DOGE (just kidding)

[@spinz8]

Oh this will not age well

[@Stormy_Dawn]

All on DOGE...to the moon! Lol

[@Christian-wg7gz]

Ive been shorting doge since 0.34

[@kevinzacharywalker7758]

More simple: Move it into the CD Player of a Dodge, but make sure to never ever put it into the CD Player of a Ford e̶̶s̶̶c̶̶a̶̶l̶̶a̶̶d̶̶e̶ escalate if you want to stay on track financially.

[@drumyogi9281]

Such WOW

[@herbiehusker1889]

Buy beans and rice.

[@cryptosrus59]

Thanks for the review +1

[@Defy_Convention]

Sell the car

[@BryceCorbitt]

And rice and beans!

[@Bamapride1985]

LOL at all the comments thinking of a music CD. If I didn't grow up with grandma that had money in multiple Certificate of Deposit (CD) I probably would have never known what one was either. They pay more APY than a regular savings account, but have a maturity date where if you withdraw your cash out before that date you pay a penalty fee.

[@cryptosrus59]

Thanks for the comment +1

[@arunmahour8151]

How much pay for certified of deposit penalty Please tell me

[@chieppachat9381]

@@arunmahour8151 from what I see you have pay penalty in interest.

[@sfappetrupavelandrei]

This is exactly why I clicked this video. I was wondering how exactly you have money stashed on a compact disk. 😅😅😅

[@suryasingh_12]

I recently heard about cd flexibility for 12 months where you don’t get penalized for taking out money

[@CSARVA]

He ain't really sure WHERE that 20 stacks is!!!

[@Blueovalnation]

I am not expert by any means and am still looking for financial advise. I don’t have much but I have about 20k put away doing nothing in my savings and trying to do something with it, maybe a CD? My point is they never asked what his interest rate was on his loan for his truck, if he’s locked in low with his credit union, why in the world would you have him pull his 20k out his cd and pay the truck off? If the interest rate is low, what’s the rush to pay the truck off at the point? If the interest is lower on his auto loan then his cd interest rate, why not let the money sit in the cd or roll it over to his mutual fund he’s going to open up?!? Idk I’d rather have my money working for me than in a rush to pay the bank back.

[@Austin.Dorgan]

Yeah honestly it’s best to maximize the amount of capital you have on hand as long as the interest you’re gaining on your capital out competes the interest you’d have to pay on your loan for the truck.

[@sambonedallas]

Dave’s technically wrong if it was in a base cd, take it out of savings n put it in a 30 day cd that can be your emergency fund as it makes more than savings and can be taken out with minimum penalties

[@cryptosrus59]

Thanks for the review +1

[@blackworldtraveler3711]

I’ve been laddering CDs in my emergency fund for years. I think I still have some over two percent.

[@Elizabeth-mt6bb]

Same!

[@steveludwig4200]

@@blackworldtraveler3711 Hope your doing better than that today.

[@jwmitch27]

not with $20000 it isn't

[@JoeThompson12345]

That’s one expensive CD

[@herbiehusker1889]

The music must be pretty great then.

[@kevinzacharywalker7758]

Because it's from the very popular, yet still kind of underground band named "Rice and Beans".

[@1jw298]

Depending on what cd it is....Metallica? Barry Manilow? Justin Beiber?

[@cryptosrus59]

Thanks for the review +1

[@cryptosrus59]

Thanks for the review +1

[@felipeferra8575]

Metallica baby 💕💕

[@roberthuster1503]

This guy is doing great.

[@AllOneVoice]

yeah I was like... who the hell has that much money in ...anything?! good for him!

[@MrTwonetwone]

@clarencewright8123or to do even better, stop hating

[@JustAName-it5qp]

I have the same issue with a lot less zeroes cause I started watching this channel. As soon as it matures I'm moving it to VTSAX.

[@jimhandler1129]

I've had VTSAX for over 20 years, it is my main retirement investment.

[@avenuebaby9703]

What’s that?

[@Mmmagikarp]

​@@avenuebaby9703popular mutual fund ppl buy for retirement

[@gwendolynmeredith5779]

What is vtsat

[@kckuc310]

I have alot in it including the ETF version VTI

[@SteveSabbai]

"I'm engaged." These are some of the worst financial mistakes you can make: 1. Getting married. 2. Having kids. 3. Buying a new vehicle. 4. Addictions (drinking, smoking, drugs, gambling). 5. Buying things you don't NEED aka "luxury" items.

[@ixcuinaserpent]

Getting married and having kids is a mistake ? 😂 you are wrong my friend. Why will you want to be rich if you can have happiness.

[@nolanrizzo3812]

@@ixcuinaserpentbecause Dave got them brainwashed and they have no life. Just work and invest everything until they die

[@michaelbodine6142]

not true, But overspending on ur marriage can be a breaker, WHEREAS buying the truck for deliveries IS long term.

[@newkirk7591]

Never heard of a roth cd 🤔

[@barbieblue3336]

Dave, sold my CDs. What do i do with my cassettes?

[@elegate87]

🤣🤣🤣

[@dyepb506]

How can they make a recommendation without knowing the return on the cd lol

[@Unduplicatable]

CDs are generally all the same and don’t change a lot. As of 2024 most CDs will be about 5%. 2023 4%-5%.

[@dyepb506]

@Unduplicatable Cds are not generally all the same. Callable vs non callable makes a pretty big difference on the yield. (Just one example)

[@Unduplicatable]

@@plantsonlycindy5809 I should clarify that I'm talking about common CDs from banks. I've never seen a bank offer different options, front facing.

[@kevinzacharywalker7758]

For all those wondering what a CD is: It's a shiny object that makes noise.

[@Defy_Convention]

Don't mislead people, the CD itself is silent.

[@outshined1337]

You put this "noise" on it

[@prkzoomin6994]

A Good Quote, Act like you trust people, but do not.

[@cryptosrus59]

Thanks for the review +1

[@clydedenby1436]

Trust, but verify.

[@talyahr3302]

Upon some confusion inspired googling, CD stands for Certificate of Deposit. Not a music storage Compact Disc 💿😂

[@benb7727]

Oh dear. I guess you can’t know what you don’t know.

[@michaelhunsinger8351]

It stands for Certificate of Depreciation, because CDs don't usually pay out enough to keep up with inflation. Hence, your real value depreciates over time.

[@lightninghouse6385]

Do CD accounts have interest owed like a high yield savings account? For example, A high yield savings account monthly payout is based on APY (ineterest earned) minus APR (interest owed, what the banks takes). Is the interest rate on a CD exactly what goes into your account, or does the bank take a cut too?

[@nicolasrosario9467]

As someone who works in banking (truist). Yes. Money market account are coming around 3. And cd are coming in at 4%+

[@collin6270]

Im 30 years old, I make $70k/yr more than you and owe $0 on my car as opposed to your $20,000. Still riding with my 2014 ford focus. See what I’m getting at here?

[@spankydoodlegaming6971]

some people need to move big and heavy shit around

[@NOBLEFILMS1987]

Yeah, You're still driving a 2014 Ford Focus.

[@spankydoodlegaming6971]

@@NOBLEFILMS1987 hey shoulda got a fiesta ST everyone knows it’s the superior car.

[@NOBLEFILMS1987]

@@spankydoodlegaming6971 YEAH! HAHA!

[@Ajaytis]

Why are we so anxious to pay off debt right away, I’m actually curious someone let me know please.

[@dedalliance1]

Good question. It's mostly because you can't lose what you own. For a lot of people it's a security for their peace of mind to know no one can come repo their vehicle or take their home or whatever else.

[@cryptosrus59]

Thanks for the review +1

[@Elizabeth-mt6bb]

Because debt is expensive

[@riverdaletales8457]

The fastest way to become financially independent is to pay off debt as fast as possible.

[@MrTmenzo]

Why? Because the majority of people can't even cover a $400 emergency due to being in debt.

[@EricFinanceTips]

20K in a CD isn’t earning anything. Instead, invest in a S&P500 ETF or Index Funds and enjoy the 10% return.

[@bsmythe3214]

What 10% return?

[@Niko-br9ql]

@@bsmythe3214 this aged like milk lol

[@gladlock]

You can make more on a 4.75% CD now.

[@mariarosarioriveraleon7967]

How do I invest in S&P500 Eric?

[@ceasergert2780]

10% what book did you read that from ???

[@black7jesus]

I have saved $27,000. It’s sitting in my credit union.. how do I make it grow.. I need advice

[@robertfrank6058]

Go to your local bank and talk with a financial advisor. Basic growth stock mutual funds are all you really need.

[@manhill6769]

Why in the world would you take your growing investment and pour it into a dying investment? Grow your money and find another to pay off your Truck, you spend two years investing it and now you just want to waste it on a Truck and start all over again? Who thinks like that?

[@NOBLEFILMS1987]

What do these callers do for a living? Dave Ramsey never asks.

[@MikeyLee559]

80k a year is hella good,

[@NOBLEFILMS1987]

@@MikeyLee559 I know! An $80,000 per year income is incredible! That is what you call, Rich!!

[@The_Other_Ghost]

Next time don't buy a new truck.

[@kevinkidneyy]

Yolo it on Tesla calls 🚀🤷🏾‍♂️😂😂🚀🚀🚀🚀

[@cryptosrus59]

Thanks for the review +1

[@MoonBull13]

spending the emergency fund for a non emergency? what if you have an emergency lol

[@vm6971]

Leave it in CD and watch it become 5000

[@cryptosrus59]

Thanks for the review +1

[@ruralmillennial4354]

You’ll loose $15k?

[@Darkstalker212]

​@@ruralmillennial4354 Lol you don't lose money from having a CD account. Just pull the money from the account when it mature..😅

[@davecrupel2817]

All the CDs I'm seeing are 5% interest. The economy has shot up well beyond 5% in the last 3 years. Seems like a bad investment now.

[@ruig8612]

What’s a better place to put it?

[@lorenacortez9377]

If I put $20 in the last CD for one year with a 5%, but my bank is giving me how much would I have at the end of the year?❤

[@LuisHernandez-rk2tp]

I would keep paying the truck and keep the cd account depending on the apv there offering.

[@Maccomp5234-lp1bv]

Wait did they just say it would take 2-3 months to rebuild a 3-6 months emergency fund?

[@MaJieMao]

Guy makes 84k a year, but doesn't have a clue where his money is....

[@michaelhunsinger8351]

Guy makes 84k a year and he has an auto loan. Sad, really.

[@ralphmowery2898]

If the interest rate is low enough it makes sense to get a loan. Years ago I was getting 5 % in a money market account. Got a car loan at 2 % so left the money in the money market and was making 3 on the money that was in the account. Same as 6 years ago bought a new car with 0 % so took out a loan for the maximum amount even though I could have taken some money from a stock sell and paid for the car.@@michaelhunsinger8351

[@austinwheeler3665]

Y’all need to look through the replies on these comments and either block or report these spam Ramsey accounts.

[@Sentimentalist0923]

I’m 56 and just recently (unfortunately) started depositing into a Roth IRA. I have $10k in a regular cd at my credit union. At my age, should I do something differently with the $10k?

[@isabelgeddeshines4059]

S and p500 or mutual fund if you have paid off your debts

[@Thebigace313]

Ramesy just pushing his product smart vestor pro

[@NothingButSilicone]

I just sold a bit of timber for 1.4m. Are savings CDs a good idea since the interest rates have been going up?

[@age_of_reason]

B### please!

[@MrTwonetwone]

@@age_of_reason😂😂

[@jeffreylamb8629]

😂😂😂😂😂 your best bet is to take it out and pay Ramsey solutions to manage it

[@wr3504]

So the Roth IRA CD is it Taxed income tax or not?

[@123tamarindo1234]

Not

[@pcon]

list to it!

[@emilyAndJ]

How do we even find a “stock”? We have our own business and would love to find the best stocks to put money in to monthly.

[@USViper]

"I'm getting married." So now your money is no longer yours but hers... great job losing everything

[@404TRUCKERTV]

Sell that truck, pay cash for a used 10k truck. But what dave said is OK too.

[@cryptosrus59]

Thanks for the review +1

[@timjohnson2186]

Heat video

[@michaelbodine6142]

Leave it in the CD and make 2 CDs , then stagger their maturities.

[@swindlesquad0215]

This is my exact question I put 20k in a cd for my daughter idk what to do

[@swindlesquad0215]

Ended up coming back to my comment my daughter cd account is a 12 month account at 4% today I learned td bank offers 5% 6 month that’s double the money I’m moving the money to td to double up 🎉

[@devinparker1748]

What would happen if, when Dave said "what do you think", Anthony or Christy or Rachael said "No Dave. I dont see it that way at all" ... The words 'Former Ramsey personality' would probably proceed their names

[@barbieblue3336]

Precede

[@Ever23last]

Does anyone have any examples of people disagreeing with Dave? Only one I can think of is when he is with his daughter they sometimes argue.

[@jimhandler1129]

Well, let's see. Anthony is no longer employed at Ramsey.

[@johnm7488]

Ramsey: when are you getting married? Me: why are you wishing bad things on people? I thought you idea was to help them…

[@oldarkie3880]

Of course mutual funds have no risk?? Wrong!

[@hodgelive]

TSLA $1000 call.

[@jesusdubz5285]

Someone explain a CD and their pros and cons please

[@BellicIV]

Sure, here are some pros and cons of a CD (Certificate of Deposit) account: Pros: 1. Higher interest rates: CDs typically offer higher interest rates compared to regular savings accounts, allowing your money to grow faster. 2. Fixed interest rate: Your interest rate remains constant throughout the CD's term, protecting your savings from fluctuations in the market. 3. Low risk: CDs are considered low-risk investments since they are insured by the FDIC (up to the maximum limit allowed by law) in the United States. 4. Time-specific savings goals: CDs are suitable for short- to medium-term savings goals since they have fixed terms ranging from a few months to several years. Cons: 1. Limited access to funds: Withdrawing money before the CD's maturity date usually results in penalties, which could eat into your earnings. 2. Opportunity cost: While CDs are secure, they may not offer as high returns as riskier investments like stocks or mutual funds over the long term. 3. Inflation risk: If the CD's interest rate does not outpace inflation, your purchasing power may erode over time. 4. Fixed terms: Once you invest in a CD, you cannot easily access the funds or adjust the investment strategy until the term ends. Before opening a CD account, consider your financial goals and timeline to determine if it aligns with your overall financial plan.

[@redscorpion9325]

Google it

[@jordanjames8864]

Pros are you can get 4-5% annually Cons you can’t touch that money for 12-24 months

[@jamilgotcher365]

Better to make 5% interest on CD instead of money sitting in a savings account.

[@jordanjames8864]

@@jamilgotcher365 soem savings accounts yield like PayPal

[@transistor281]

That's a helll of an album

[@TheBanshee17-SS]

Lmfao

[@erulucas1549]

🤣🤣

[@zackcoley5927]

How can I turn 5,000.00 or 10,000.00 into 300k

[@MrJay197409]

Take out CD is a joke better off putting it in a fireproof lock box at home. Getting married bye $20000 within six months.

[@TheirsHopewithJesusChrist_277]

Yea I know right

[@gladlock]

Hugh? Who would give him $1200 a year for nothing? a CD is great compared to letting the money sit untouched.

[@redscorpion9325]

Bad idea 😂CD is up between 5.00% to 5.50% interest Rates

[@miketheyunggod2534]

I have $200K in a CD.

[@abstractlycalculated]

Invest it

[@gladlock]

People like me who don’t know what to do about “investing” are better with a CD than nothing

[@ceasergert2780]

Smart guy invest now and lose it

[@smoothshifter7348]

Anyone else wondering what a CD is?

[@we5xz-1902]

Compact Disc ;)

[@jackiecouncil7809]

@@we5xz-1902 Certificate of deposit.

[@SeismicSales]

Who buys CD’s. It’s all streamed online now..

[@Jordan-fn5rj]

People who want to own a hard item to listen to music, maybe they don't have or want to pay for streaming services Or people who get nostalgic when listening to music, holding a physical cd or cassette could bring happy memories Or people who want to build a huge collection of physical music Anyone can buy cd's, it's just a preference thing

[@Rebecca.xoxoxo]

Is this sarcasm?

[@dazcrypto]

Buy Ethereum man

[@xsczero0]

Se le pude poner mas en un mp3 😅

[@alexteplecity]

Estee wueyyy!!!😁😁😁😅😅😅😅

[@johnireland6301]

I buy them weekly.

[@HummBabyBaseball]

Denzel: We're gonna roll it..

[@JosephDickson]

Wait why roll over the Roth IRA... Oh right, Dave's running a business. Maintainance Fees

[@ghjong001]

I disagree with Dave's investment philosophy, but putting a CD in a Roth IRA is buying prime oceanfront property and putting a scrapyard on it. A CD ladder is fine for emergency savings, but Roth space is way too precious to waste on a CD.

[@nard429]

Duval I'm from Jacksonville

[@Realous]

....and I have a cassette player

[@miker9793]

DUUUVAL!

[@Ron-x9q1w]

Mutual funds? That’s stupid!

[@ronintje7647]

As a European i have no clue what they are talking about with CD and all those other terms :D

[@PristinePerceptions]

I think the (almost) equivalent to a CD (certificate of deposit) in Europe is a Fixed Deposit. The Roth is one of the containers for investing for retirement; the other most common container being 401k, which is employer sponsored. You can use these containers to do any type of investing (i.e stocks, bonds, CD, etc), but they discourage you from pulling your money out before retirement.

[@ronintje7647]

Thanks, now its clear.

[@cryptosrus59]

Thanks for the review +1

[@bushmonster1702]

I don’t even know what a CD is.

[@laymarisol]

Certificate of Deposit.

[@robedmund9948]

Old people used to use them to play music, I think. ;-)

[@Stormy_Dawn]

@@robedmund9948 hahaha!!

[@28goldenboy]

Dave dubs them Certificates of Depreciation

[@kevinzacharywalker7758]

It's a shiny object that's able to make noise.

[@BasicBeachCommunity1]

How about Nueralink w Tesla??

[@hojaeyun6747]

How about anything not related with Tesla? Don't listen to that donkey.

[@cryptosrus59]

Thanks for the review +1

[@lupitamercado2318]

A still have a few cassette tapes around.

[@cryptosrus59]

Thanks for the review +1

[@minikids2]

I couldn't believe 1:59 like what..

[@alexsurh1472]

@2:02 "and your single I take it" c'mon man why does that matter

[@njrom2975]

It does because if your married the lady gets half your money

[@RoyelNotRoyal]

Cuz the the court systems favor women that why that matters

[@ThePatriots010304]

An engaged couple with no date set for a wedding is a red flag for the relationship.

[@riverdaletales8457]

I wouldn’t marry anyone if I have debt .

[@cryptosrus59]

Thanks for the comment +1

[@mcchickenmcflurry3636]

@@riverdaletales8457 if I have good debt sure

[@gladlock]

Maybe they love each other but don’t have the money for a party. People can be committed without needing the paper. Marriage is a contract more than a love confession

[@zechariahcameron3645]

@@gladlock nah uh!

[@Secretninja-l6c]

Anthony o Neal here ok 👍🏽

[@erich84502ify]

Buy a time share

[@MiskimVeniceJohnson]

😅😢😂😂😢😢😅

[@Killagear5000]

Throw it into XYO

[@mrtt9800]

Put in tesla stocks..

[@Rebecca.xoxoxo]

Get another cd or extend the agreement duh

[@calicobra956]

Certificate of Death 😂😂😂

[@amde8554]

Answer: take it out of a CD

[@OptionalDilemma]

2024, is this still viable ?

[@Whatsupog]

Yeah

[@kpeggs82]

if you saw my face when he said Roth CD

[@chadmorris946]

Sell the truck and get a 5k little compact car. I sold my 2021 Kia SUV and bought a 2010 Mazda 3. Just hacked off 11k in debt.

[@davidfoulk3078]

CD stands for cash drain!

[@michaelhunsinger8351]

Certificate of Depreciation.

[@Busch27295]

Buy a 1/2 🐦

[@williamlackey123]

Buy GME

[@mriphone1000]

Pltr

[@dorseyspencer2510]

I have a CD-ROM for movement and I want to buy a new car.Rollover Consheitta The mone you have is mine