CD Laddering
In this video series, AAAs director of Financial Services, Bill Gerhard, explains what a certificate of deposit (CD) is, how to compare rates and calculate returns. This video is an introduction to CD investing. It covers the concepts of laddering CDs, compound interest and the Rule of 72. AAA offers financial services to members and is the largest consumer organization in North America.
Tagged with: AAA
Filed under: cd interest calculator
I’m new to all this, so once the first cd reaches its maturity date, you put it in the cd that matures in 3 yrs, is that right? Also do you recomend opening another one year term cd, and so one