..make more money with it, without working? It was a stark thought earlier when I thought, say you just got a million bucks. Wouldn't you be able to put that million bucks a CD account, and earn a good amount from it? Without having to work? When this thought came to mind I assumed rates today would be like 3%, but after a quick google search saw they range with CDs from 1.03%-1.29%, depending on how long you leave it there. But even with that, say 1%, with a million bucks that $10,000 a year. Not much actually, but still something. And then you take that money out at the end of the year and put it back in the CD; or take the 10k out if the CD is like a 3-5 year term, assuming you a CD that can do that. I'm just a student thinking here. Also wondering (answer is probably yes) if you have to pay taxes on that interest you make? Any other ways that your money can make money for you? Im not even close to being a millionaire, a college student debt actually but still fun to think about how to do this.