CD Ladder Explained: 3 Strategies To Increase Your Savings | NerdWallet

Certificates of deposit, or CD, are savings accounts that give you a guaranteed rate of return. If you’re looking to level up your CD game, you can try something called a “cd ladder,” which involves opening multiple CDs that all mature at different times so that you can have a consistent stream of money being freed up while you earn interest. Banking Nerd Chanelle Bessette shares more on CD's and the CD ladder strategy along with sharing 3 popular CD ladder strategies to help you understand which route can work for you.

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What Is a CD Ladder? - https://www.nerdwallet.com/article/ba...
How to Invest in CDs: 3 Strategies - https://www.nerdwallet.com/article/ba...

Chapters:
0:00 - Intro
0:10 - CD Ladder Explained
0:35 - How To Set Up A CD Ladder
1:35 - CD Ladder Strategy 1: Create Your Ladder When You Want Access to your Money
2:34 - CD Ladder Strategy 2: Mini CD Ladder
2:58 - CD Ladder Strategy 3: Uneven Split Ladder
3:42 - Benefits of CD Ladders
4:26 - Drawbacks of CD Ladders

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CD Ladder Explained: 3 Strategies To Increase Your Savings | NerdWallet
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