Rich Girl Roundup: Should I Put My Money in CDs?

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.8 • 1.3K Ratings

🗓️ 12 June 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

To CD, or not to CD…that is the question Henah and I are breaking down this week. When yields are 5% (or higher!) in safe financial instruments like certificates of deposit, what’s the case against fleeing to safety? (Hint: The NASDAQ is up 27% YTD, and the S&P 500 is popping off at nearly 12% YTD.) Welcome back to #RichGirlRoundup, Money with Katie's weekly segment where Katie and MWK's Executive Producer Henah answer your burning money questions. Each month, we'll put out a call for questions on her Instagram (@moneywithkatie). New episodes every week. — Mentioned in the Episode: Why I Bonds Can Be A Distraction: https://www.youtube.com/watch?v=3LevWqIdvig — Read Money with Katie: https://moneywithkatie.com/ Follow Money with Katie! Instagram - https://www.instagram.com/moneywithkatie Twitter - https://twitter.com/moneywithkatie TikTok - https://www.tiktok.com/@moneywithkatie Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Rich Girl Roundup!
0:04.0	Whoo!
0:05.0	What happened?
0:07.0	Hannah, are you ready to talk about CDs?
0:10.0	Yeah, I'm more of a cassette tape fan myself.
0:18.0	I knew there was going to be a bad pun.
0:20.0	I knew I was in for it.
0:24.0	Welcome back, Rich Humans.
0:26.0	It's the Rich Girl Roundup weekly discussion
0:28.0	of The Money with Katie Show.
0:30.0	I'm your host, Katie Gatti Tossan,
0:32.0	and every Monday, Hannah and I are going to unpack
0:34.0	an interesting money question
0:36.0	that often comes from our audience.
0:38.0	Here's a quick message from our sponsors.
0:48.0	Before we get into it today,
0:49.0	this week's upcoming main episode on Wednesday
0:52.0	is about pet insurance.
0:54.0	Is it a scam?
0:55.0	Is it worthwhile?
0:56.0	How do you adequately measure
0:58.0	the risk-reward ratio here
	...

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