SaveBetter No-Penalty CD (2.55% APY): Today we respond to a viewer's question about bank certificates of deposit versus brokered CDs. Here is the viewer's question: "I'd like to move some [money] to a CD - and don't understand the difference in buying a CD through my brokerage (Fidelity) - which is showing products with high rates or buying directly through a bank like the SallieMae Save Better listed in the newsletter? I feel confident in Fidelity and I'm not sure about an online bank I've not done business with/can trust?" It's a great question, In the video, I cover traditional bank CDs, no-penalty CDs, brokered CDs and short-term (1 year or less) Treasuries. Join the newsletter: ———————————— Video Resources ———————————— SaveBetter No-Penalty CD (2.55% APY): Fidelity Brokered CDs: Fidelity Treasury Bonds: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investment Tracking
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)