Re: CD rates
I-bonds are actually paying 3.39 considering both the interest and inflation factors. *I'm figuring that even with the 3 month penalty after the 12 months minimum investment time they are a great short term place to have some money. *I guess the inflation portion could adjust either way over the longer term, but you don't have to hold them for the full 5 year maturity if you're willing to factor in the early cash-in penalty. Plus the tax deferal benefits. *Considering the maximum investment limits, I think they are a good place to have some returns that compete with 2 or 3 year CD's.
"He who speaks of dryer sheets has not seen the clothes line." Al B. Tross