Certificates of deposit are investments that go towards a bank and that gain interest over time. Learn about CDs with tips from a young professional in this free video on financial advice.
Expert: Jessica Rose Smith
Bio: Jessica Rose Smith has been attending Cape Fear Community College in Wilmington, NC, for more than a year now.
Filmmaker: Reel Media LLC
the ad at the beginning of this vid was 1 minute long WTF!
LdRfilmz 1 year ago
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donniezg 1 year ago
Ignore the horndogs, kid. Your financial advice is smart and simple. I'd say you have a great career ahead of you, and if I get any viewers on my Single Mom's channel, I'll pass your videos along! SMGToni125
smgtoni125 2 years ago
Oh really I didn't know that I agree, I like ice cream as well.
partylikepacman 3 years ago
I'm paying attention to the adam's apple if you get my drift.
seka1986 3 years ago
UPSIDE: They are insured up to $200,000 (at least until the end of 2009, then it will return to $100,000)
DOWNSIDE: CD's may not beat the inflation rate in which case you lose $. However Jessica is right in the fact that it's better than keeping your money under a mattress.
Am I right on this Jessica?
monkjr07 3 years ago
Thank you. I wish it had been a little longer, though, and maybe compared a CD to a few other things, deposit types.
tekobari 3 years ago