Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
It was convenient having all our funds at Vanguard, but we (reluctantly) moved cash from VMMXX to Ally and Treasury Direct iBonds more than a year ago. I am now tempted to put some of our fixed income allocation into CD's but Vanguard & Ally's CD rates are awful compared to PenFed's 3% 5yr CDs (I realize that rate may end this month).
So are there firms that offer higher CD rates fairly consistently, like PenFed?
Bottom line, I'd like to avoid spreading money all over the place, especially only to find that I'm chasing rates from one place to the next.
[I can't understand how CD rates can vary so wildly from one institution to another. I've read it's simply a function of supply & demands between loan activity and CDs, the differences in rates are dramatic, but that's another topic.]
So are there firms that offer higher CD rates fairly consistently, like PenFed?
Bottom line, I'd like to avoid spreading money all over the place, especially only to find that I'm chasing rates from one place to the next.
[I can't understand how CD rates can vary so wildly from one institution to another. I've read it's simply a function of supply & demands between loan activity and CDs, the differences in rates are dramatic, but that's another topic.]