Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 01-09-2014, 04:29 AM   #21
Thinks s/he gets paid by the post
obgyn65's Avatar
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
I am still worried about interest rates. I like the certainty of CDs and therefore I keep buying CDs to build up my 10-year CD ladder.

Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
obgyn65 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 01-09-2014, 09:15 AM   #22
Thinks s/he gets paid by the post
Spanky's Avatar
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,125
Originally Posted by ripper1 View Post
Most likely the one who has your financial welfare at heart is the one you see in the mirror every morning.
That's a scary thought.

May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   Reply With Quote
Old 01-11-2014, 09:10 AM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 22,542
Originally Posted by obgyn65 View Post
I am still worried about interest rates. I like the certainty of CDs and therefore I keep buying CDs to build up my 10-year CD ladder.
This makes good, low risk sense.

In my case, if I have fixed income outside a retirement account, I want it liquid and easily reached, either to take advantage of stock market dives, or to use for other needs. I do have an earlier PenFed 5 year CD, that has a slightly better rate than this recent offering and has about 18 months left to run.

My main fixed income is in my IRA or my Roth. I leave the TIRA at the broker, because I do not want to make RMDs a hassle, and I leave my Roth alone at the broker just for convenience and quality service. In any case the brokered CDs available to me are not inviting, so I do use intermediate bond funds, mostly 3 years<duration<5 years

Although I invested in these at lower rates than today's, the total return losses have been modest, and in some cases there has been a gain when interest is included.

The last few days have demonstrated to me anyway, that rates can go down after all. Poor jobs report, and down goes Frazier!


"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT -6. The time now is 11:49 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2018, vBulletin Solutions, Inc.