In this video, we will delve into the world of Certificate of Deposits (CDs), a type of savings account offered by banks and financial institutions. You'll learn about the fixed term of a CD, how it works, and the benefits and drawbacks of investing in CDs. CDs are a low-risk investment option that offer a fixed interest rate for the term of the account, providing a higher return on investment than a standard savings account. However, there are also limitations to investing in CDs, such as limited access to funds and lower returns than other investments. We'll help you make an informed decision by explaining what to consider when choosing a CD and the reputation and stability of the financial institution offering the CD.