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

Ramesy just pushing his product smart vestor pro

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

Anthony o Neal here ok 👍🏽

Never heard of a roth cd 🤔

Heat video

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

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.

My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

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?

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?

Someone explain a CD and their pros and cons please

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

how people listen to this clown is beyond me

Get another cd or extend the agreement duh

this mega doodoo

Where should someone start? Should I do a Roth IRA or a cod? Or something else? Any suggestions please?

Well said. I am in my mid 30s, and I am yet to begin my retirement plan. I have read through many comments and articles on retirement, but I still do not know where best to begin and how to go about it. I asked a friend of mine but couldn't give me the explanation I was expecting. So please I will like to have a good idea on where and how to begin. If possible a good recommendation.

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

Buy a time share

Does anyone notice how this is all just a marketing scheme to sell mutual funds and books - please people only work with an advisor that is a fiduciary
Dave’s guys are not fiduciaries nor is Dave

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

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

Moving shshh

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

These guys are idiots and giving dumb advice. I’d say refinance the truck with lower interest rate. Use the money and invest it in something that will make you money. The interest you’re paying on the truck is nothing compared to the money you can profit. That’s why most people taking advice from this guy are all broke and have sad lives.

"I'm engaged." Game over.

Just take it out of the CD and put it in a safe. I didn't even know they still made CDs.

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

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?

Denzel: We're gonna roll it..

Next time don't buy a new truck.

Duval I'm from Jacksonville

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

list to it!

Pltr

Certificate of Death 😂😂😂

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

Buy GME

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

Answer: take it out of a CD

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

Anyone else wondering what a CD is?

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 😂

😎🖖✌👌👍😁

Dave- you’re single I take it 😅😂

Throw it into XYO

I have $200K in a CD.

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