Ep. 9 What is a CD and How Does it Compare Among Other Cash Options? Feat. Sally Gadea From Panna Gelateria & Bakery

Send us Fan MailMadison and Mike discuss Certificates of Deposit (CD’s), what they are, and options that are available. He explains that since the Fed started raising interest rates, people are more interested in bonds and other fixed-income securities for the first time in 15 years. He advises Madison and our listeners to buy only individual securities if they are backed by insurance or a government. Madison asks if CDs can be used as emergency savings, and Mike confirms that they can be, but they are more for short-term savings because if you liquidate them early, there are penalties. Later, Sally Gadea, a pastry chef and owner of Panna Gelateria and Bakery here in Yardley, joins us to discuss her business and expertise in baking and gelato making. She started the business with her husband Jemil in 2021. She and her husband have over 20 years of experience in pastry making. Sally discusses the pressure of running a small business together due to their busy schedules and family life. She emphasizes the importance of sharing good energy and connecting with regulars to create a legacy.Panna's Instagram: https://www.instagram.com/pannayardley/Panna's Website: https://www.pannagelateria.com/Panna's Photographer: https://www.instagram.com/evelyn_cirignotta/Charlann Farms: https://www.instagram.com/charlannfarms/