Financial Advice : Finance: CD Benefits

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Uploaded by on Sep 16, 2008

The benefits of CDs as part of good financing include building up credit, earning interest and growing a safety net. Discover the benefits of certificates of deposit 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

Category:

Howto & Style

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License:

Standard YouTube License

  • likes, 2 dislikes

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  • I love how out of ten comments only 1 of them isn't about nailing her.

    

  • Jessica, you may look pretty, but you know NOTHING about CDs. The primary reason to have a CD (as opposed to investing it in stocks or bonds or keeping it in a checking account) are:

    1. FDIC insured just like savings accounts are.

    2. More liquid than Treasury bonds, because you can take it out before time is out and only pay an interest penalty.

  • can't argue with that, i actually am quite stupid

  • CD's are not inverstments. Mutual funds are investments. CD's are savings accounts that have a locking on them and a penalty for early withdrawl.

  • CDs?

    CDs are almost dead and half buried.

    CDs are being raped in the market by sd cards, usbs, and smaller removable media

    the CD is going the way of floppy disks and bigger floppy disks

  • how many started viewing this to get insight on cds as opposed to the ones who were lured in by this bombshell of a woman?

  • So is this sponsored by Bank of America? Being interested in finance at your age is great but try getting licensed and working with finance and clients first hand.

  • CDs are extremely poor investment tools.Investors will be much better off investing in a well diversified mutual fund that meets their LONG TERM objectives.CDs arent even good investments for emergency funds as they offer poor liquidity.Money market funds will pay comparable interest rates and also give you check writing privileges with no minimum.CDs dont build your credit either.Look up the definition of opportunity cost and then run the numbers to see the difference btw 5&12% over 30 years

  • what? aqll i heard was that was boring check out the retarted ghost it is hilarious plus the other videos from over lord kitty

  • dunno either... better watch again.

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