What is a Certificate of Deposit?

[@vandrex]

I just bought my second family house 3 months ago. I am in my early fifties and my wife is 48 years old. We're both retired and have a net worth of over $3.5M in assets and savings with zero debts. At this stage, we're living smart and frugal with spending. It wasn't always this way so many years back then when we struggled to barely keep up. CDs helped a bit though. We retired early because we practiced proper saving and key passive income procedures to fuel our dreams.

[@richmmdt4853]

In some debts currently, I'm moved by your comment thanks. I've always liked the idea of inv€$ting but not knowledgeable of how to start. Want to plan ahead for retirement to live great in life and clear these debts Would be so happy if you could offer solutions for this as I am about to go the passive income path?

[@richmmdt4853]

​​​@Van Drex Gladdens my heart to hear this from you. Yes, I think I've seen his name come up before and didn't realize he was this great. Is there a way I can reach out to him

[@vandrex01]

​@Travis Paul Glad I have spoken to him already and I admire the confidence he has in himself as well as the information he gives out. I will give it a shot.

[@cathenido1624]

​@Van Drex You are right, I am one of many who has benefited from investing with William Alex Jude. 2020 is an unforgettable year in my life. Back then, I lost my job due to covid and had no reason to live. William made a good life possible for me through passive income and I owe him my life. To be honest, I feel like he is a guardian angel who was sent to help those who are suffering financially.

[@christiniajoneswell2874]

​@Van Drex Hmmn, This is the third time I've seen this name, William Alex Jude. The name is getting more popular as the day goes by. I'm happy with how many lives I've seen on testimonials. William has really helped people financially. I pray that he gets blessed as he helps so many.

[@ArturoGarzaID]

Damn man I was dancing the whole time I was watching this. What's the song?

[@arnobsaha3119]

kzbin.info/www/bejne/mpenl2WmrdF5ZtU

[@anjalibhardwaj5877]

😂😂😂

[@Akash-vl9zd]

Can we do compounding in certificate of deposit

[@tranduy8553]

Mann, the song really motivates me, and yes the knowledge too

[@jessicaallen9006]

Nice video!! Very engaging from beginning to end. Nevertheless, businesses and investment are the easiest way to make money irrespective of which party makes it to the oval office.

[@junedwayne873]

A lot of people with high IQs are terrible investors because they’ve got terrible temperaments. You need to keep raw, irrational emotion under control

[@vicheakeng4884]

0:13

[@kshitijsingh1786]

Bgm is irritating very much

[@ganeshrvgk]

What is IRA CD Account, how it is different from CD Account, please explain

[@manojsolairaj5684]

Same as Fixed deposit what's the difference

[@deepanshucool7994]

Thank you ,your video was very informative 👍,keep up the good work

[@romeshkirpalani848]

Nice napkin...which brand? . .

[@Synnz]

i’m really confused..if i deposit $2500 and they have a 0.02% interest rate how much will i get in 1 year? thanks

[@saga_trails]

Is fixed deposit also know as CD

[@vaishaliwadelkar2866]

Yes

[@matsikokagyezi3607]

dose inflation affect the CD?

[@gillianholcomb1014]

Matsiko Kagyezi yes

[@matsikokagyezi3607]

Gillian Holcomb that’s bad then then. How about fixing it?

[@icantw8]

Most CDs pay interest rates that are comparable to inflation. So it's more like you're buying CDs to protect the purchasing power of your savings. You can also buy TIPS (Treasury Inflation Protected Securities) which is basically a low risk investment tool (as with CDs and treasury bonds) where its interest rate and face value go in tandem with inflation. It's not very practical since inflation generally stays very low since the USD is highly regulated by the Feds to protect against inflation in the first place and you may not even get a return if inflation is in a nonexistent state.

[@Hlvp1118]

Actually, gadgets and electronics are getting cheaper

[@sravanisravs1444]

Gud information

[@dansir4102]

Just so everyone knows. Actual inflation is set around 9-15% in a given year. This is different from the "inflation rate" which only handles base materials, but has never included food, cars, homes, or gasoline. The reason this is important is because if you're earning 4% in that year and losing 9-15% on inflation, you've lost less money than the guy hiding it under his mattress but are still losing the value of the money. The bank knows this. They made the rules. That's why they offer such a program to you. It makes you feel like you're winning, but they're winning. The house always wins. I recommend you invest your capital instead into assets. Generally those would be physical objects which will add value to you over a period of time, like a laptop, or a chicken coop, or children.

[@TheNickz]

dumb question here....what if the bank governer changed? do i need to update my cert?

[@KajalKajal-ih5rl]

In sb ma correct meaning ne aa raha raha sahmny

[@ItsHayden]

tree

[@sathishallu9321]

comprehensive teaching 👍

[@7e7e]

Thank you, very simple!

[@skoolwifi3835]

What great video! Please continue to help me pass my economics class with incredible music :)

[@तनुजाम्हाडगुत]

wowwwwww man great video........easy to understand thanks

[@jj-vn9hl]

this video is way too generic

[@hex-dot-com1207]

HEX is the first High Interest Blockchain CD.

[@bavandeepbavandeep9781]

this is called effective study

[@Prometheusaurus]

This really helped me out. Thank.

[@rudyz3534]

Jackie Chan was the best part

[@rktiwa]

great. thanks