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Brokered CDs on Fidelity 2023: How to Buy New and Secondary CDs - In this video I explain in detail what a certificate of deposit is, and how to purchase them as new CDs and used certificate of deposits on the secondary market. There are many details to review to ensure a person doesn't make a costly mistake. Some CDs may not be insured, some are not offered in certain states, and some CDs may be "callable" from a bank. These are all details a person needs guidance on what to look for.

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00:00 - Intro
01:17 - Certificate of Deposit (CD)
03:07 - Differences in CDs from Bank vs. Credit Union
03:55 - Banks vs. Brokerages for CDs
06:50 - Buying a New CD on Fidelity - not call protected
15:01 - NEW CD Blue SKY and Call Protected
17:00 - Fractional CD
19:28 - Secondary Market CDs
23:14 - Secondary Market - Quantity Requirement
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All opinions expressed by Brian are solely provided as content. Do not treat any opinion by Brian as gospel that needs to be recreated. Brian is not a fiduciary or financial advisor. All financial topics are for illustration where the outcomes are not guaranteed or expected. There exists real risks in all forms of investment, so do your homework and make your own decisions.