Certificates of Deposit (CDs) provide a stable savings option with a fixed interest rate. This video explains how to buy CDs to earn over 5% Annual Percentage Yield (APY). - Enjoy! ⭐ Regular & No-Penalty CDs (Raisin): https://dannysully.link/Raisin 🔒 Other CDs To Consider: https://dannysully.link/CD My Free Learning Guides: 📄 Savings Account Mastersheet → https://dannysully.link/SavingsMastersheet 🏢 Stock Market Investing 101 → https://dannysully.link/Investing101 💼 How To Build An Investment Portfolio → https://dannysully.link/PortfolioBuilder Top Bonus Offers: 🚀 Webull (Invest): Get FREE Stocks with any Deposit! → https://dannysully.link/Webull 💰 SoFi (Invest): Get $25 FREE Stock when you Deposit $25! → https://dannysully.link/InvestSoFi 💸 SoFi (Checking & Savings): Get up to a $300 Cash Bonus! → https://dannysully.link/SoFi 💎 Gemini (Crypto): Get $20 in Bitcoin when you trade $100! → https://dannysully.link/Gemini Top Financial Products To Consider: 🛠 Financial Tools & Services → https://dannysully.link/FinanceTools 📈 Investing Platforms → https://dannysully.link/Investing 🏦 High Yield Savings Accounts → https://dannysully.link/Savings 🔒 Certificate Of Deposits (CDs) → https://dannysully.link/CDs 💳 Credit Cards → https://dannysully.link/CreditCards Resources: 📚 Free Learning Guides → https://dannysully.link/FreeGuides 🗞️ Free Newsletter → https://dannysully.link/Newsletter 🔑 Patreon (My Portfolio & Exclusive Content) → https://www.patreon.com/dannysully 🎥 Relevant YouTube Videos 🎥 https://youtu.be/vyAPLYR_CwM https://youtu.be/hlCqCxEVpDw https://youtu.be/UCjP87-u74Q https://youtu.be/emdZ2aSFQow https://youtu.be/TSOwPNnuJng https://youtu.be/1VJtSbhCEEM?si=F0Sd3LIG0kjZBmC0 https://youtu.be/8W9ndO0vJSA?si=JYRczz1RMJSCF21h https://youtu.be/zaAYDYxEih0?si=3UUSiPkH69wxG1xJ https://youtu.be/xRRSYKuEyZ4?si=2S9UzXxw6d0ZgVJ9 https://www.youtube.com/playlist?list=PLL80XtVsEZjOJXHxG8HXAozQ3JkDafdnr ⏰ Timestamps ⏰ 00:00 Intro 00:35 What Are CDs? 03:01 How Do They Work? 05:25 Overall Benefits 06:34 How To Invest In Them 08:24 CD Ladder 11:01 Things To Be Aware Of 12:21 Final Thoughts Why Use Certificate of Deposits (CDs)? Certificates of Deposit (CDs) offer higher interest rates than regular savings accounts, making them a secure choice for growing your savings without market risk. They are ideal for setting aside funds you won't need immediately, as they guarantee returns over a fixed term. How Do Certificate of Deposits (CDs) work? Certificates of Deposit (CDs) are time-bound savings accounts that offer a fixed interest rate in exchange for keeping your money deposited until a predetermined maturity date. Withdrawing funds before this date typically results in a penalty, ensuring the funds remain intact to accrue the agreed-upon interest. Treasury Bills vs CDs? Certificates of Deposit (CDs) and Treasury Bills (T-Bills) are both low-risk investment options, but they differ in several ways. CDs typically offer higher interest rates than T-Bills and are best for investors looking for a guaranteed return without needing immediate access to their funds, as early withdrawal incurs penalties. T-Bills, issued by the government, are generally considered even safer and are tax-advantaged, making them more suitable for those seeking short-term investments without state and local taxes on earnings. Choose CDs for higher, stable returns and longer-term savings, or opt for T-Bills for shorter, tax-efficient investment periods. 🔔 Don't forget to subscribe with notifications on and hit that like button! Disclaimer: Certain links on this website lead to products or services that may earn Danny Sully an affiliate commission or referral bonus. As a member of an affiliate sales network, Danny Sully is compensated for directing traffic to partner websites, which may affect the placement or visibility of some products on this site. The information provided in this video is accurate as of its posting date, though some of the offers mentioned may no longer be active. This content is for entertainment only and does not constitute legal, tax, or financial advice. It is for general informational purposes. The presenter is not a licensed professional. Viewers should consult their attorney, accountant, or financial advisor for advice on specific legal, tax, or financial issues.