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Old 01-09-2014, 04:29 AM   #21
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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.
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Old 01-09-2014, 09:15 AM   #22
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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.
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Old 01-11-2014, 09:10 AM   #23
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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!


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