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CD rate vs term
Old 11-08-2018, 10:28 AM   #1
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CD rate vs term

OK finally sold my going nowhere bond fund. Going to build a cd ladder with schwab.

Rates are 1 year 2.75 2 year 3.1 3 year 3.25 5 year 3.55

With interests rates on the rise I am leaning toward just one and two year for now and stretch it out sometime in the future.

Doesn't it seem likely that 1 year cd's will be over 3% this time next year?

Thanks

Bob
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Old 11-08-2018, 11:05 AM   #2
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Quote:
Originally Posted by ducky911 View Post
....Doesn't it seem likely that 1 year cd's will be over 3% this time next year?....
Yes.
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Old 11-08-2018, 11:16 AM   #3
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Ducky-
I, too, sold my "going nowhere bond fund" (BND) a month or so ago. Took the proceeds and purchased a 1-year CD.
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Old 11-08-2018, 12:48 PM   #4
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Lots of opinions both ways on bond funds, but also got rid of mine around 7 months ago for a 2 yr CD Ladder.
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