oliverdickens
Recycles dryer sheets
- Joined
- Sep 23, 2006
- Messages
- 69
I am sure this has been asked and answered before, but current conditions begs the question again.
Assuming FDIC banks are the only true safe investment, what is everyone doing as CD's reach maturity? How far out are you going to keep CD ladder intact, income stream coming in to prevent taking more cash out of savings, and position for hopefully return to better CD rates.
I am thinking no more than 18 months to 2 years even though rates stink but what is the alternative?
I see with all the government lending going on, that we could return to the 1980's when inflation was very high, but than again, CD rates were as well.
Thoughts?
Thanks
Assuming FDIC banks are the only true safe investment, what is everyone doing as CD's reach maturity? How far out are you going to keep CD ladder intact, income stream coming in to prevent taking more cash out of savings, and position for hopefully return to better CD rates.
I am thinking no more than 18 months to 2 years even though rates stink but what is the alternative?
I see with all the government lending going on, that we could return to the 1980's when inflation was very high, but than again, CD rates were as well.
Thoughts?
Thanks