How To Make PASSIVE INCOME With Certificate of Deposits!
- Author
- CitizenOfTheYear
- Published
- Sat 01 Apr 2023
- Episode Link
- https://podcasters.spotify.com/pod/show/collect-cash/episodes/How-To-Make-PASSIVE-INCOME-With-Certificate-of-Deposits-e21hrpa
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Certificate of Deposits are a great way to earn passive income with minimal risk. CDs include locking away money with a bank or credit union for a specified period of time and earning interest on the money. If the bank is FDIC insured, up to $250K of that investment is guaranteed in case of insolvency. CDs typically compound interest daily or monthly.
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one
