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Old 06-12-2013, 06:15 PM   #41
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Interesting. Where?
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Old 06-13-2013, 12:43 AM   #42
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I bought the CD via Edward Jones. Please feel free to PM me if you want more details.
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Interesting. Where?
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Old 06-13-2013, 06:01 AM   #43
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By the way I just checked my Wellesley, which I bought a few weeks ago after many people here advised me to be less conservative. My 401k is now below the value when I bought Wellesley. It is the only account where I have been losing money this year. I am thinking of sending the bill to MichaelB or Midpack :-)
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Old 06-13-2013, 06:03 AM   #44
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By the way I just checked my Wellesley, which I bought a few weeks ago after many people here advised me to be less conservative. My 401k is now below the value when I bought Wellesley. It is the only account where I have been losing money this year.
And the point of your post is...?
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Old 06-13-2013, 06:05 AM   #45
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That some of us may feel better about our CDs at 2.5% than seeing our Wellesley go down in value. I hope the OP makes the right choice for him/her.

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And the point of your post is...?
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Old 06-13-2013, 06:06 AM   #46
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I just found a 10 year CD, 2.5%. At least I will preserve my capital.
Before taxes.
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Old 06-13-2013, 06:12 AM   #47
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This is correct.

Please note I plan to keep my Wellesley over the next few years anyway and will compare results overtime. Hopefully we will be able to compare whose approach was best over the long term. I will not cheat with any result I may get. I hope to come back to these posts one day and reflect upon the rationale behind some of our investment decisions.
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Before taxes.
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Old 06-13-2013, 06:49 AM   #48
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Interesting. Where?
There are a couple on Fidelity's inventory list as of this moment.

https://fixedincome.fidelity.com/ftg...isplay?name=CD
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Old 06-13-2013, 03:39 PM   #49
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By the way I just checked my Wellesley, which I bought a few weeks ago after many people here advised me to be less conservative. My 401k is now below the value when I bought Wellesley. It is the only account where I have been losing money this year. I am thinking of sending the bill to MichaelB or Midpack :-)
You might want to give it more than a couple of weeks. . .
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Old 06-13-2013, 04:05 PM   #50
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That some of us may feel better about our CDs at 2.5% than seeing our Wellesley go down in value. I hope the OP makes the right choice for him/her.
I hear that. I'm frowning as I watch my bonds decline in value, even tho they were all fairly short duration. But my stocks are up. Sometimes it's hard to watch the daily gyrations in my portfolio, where I could be up, or down, a months salary at a time. Everyone has their "risk tolerance", and if I wanted to work another 5 or 10 years I'd probably be in something less volatile also. But I have to suck it up and hope that the future is at least somewhat representative of the past. I can tell you, its not easy and I often feel OMY (or TMY, and sometimes FMY) syndrome as a real affliction that I am struggling against.

* FMY= five more years
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Old 06-13-2013, 04:13 PM   #51
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I hear that. I'm frowning as I watch my bonds decline in value, even tho they were all fairly short duration. But my stocks are up. Sometimes it's hard to watch the daily gyrations in my portfolio, where I could be up, or down, a months salary at a time. Everyone has their "risk tolerance", and if I wanted to work another 5 or 10 years I'd probably be in something less volatile also. But I have to suck it up and hope that the future is at least somewhat representative of the past. I can tell you, its not easy and I often feel OMY (or TMY, and sometimes FMY) syndrome as a real affliction that I am struggling against.

* FMY= five more years
If you were a marathon runner would you drop out of the race if you weren't ahead after the first 100 yards?
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Old 06-13-2013, 04:36 PM   #52
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I guess that I have been doing this investing game long enough (30 years+) so I don't fret too much about daily gyrations. Perhaps you would both feel better to use a 120 or 180 day moving average. Better yet, just don't look so often.
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Old 06-13-2013, 06:15 PM   #53
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If you were a marathon runner would you drop out of the race if you weren't ahead after the first 100 yards?
I would. Of course I wouldn't be in a marathon race. Hard to drink my med's without spillage when running.
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