I have been sitting on a sizable amount of cash for sometime, hoping things would change in the CD interest department. They have. For the worse.......
Now the other half of my what seemed like miserable 3 1/2 % interest rate CD's are coming due soon, leaving me with about $700,000+ in cash. I think the stock market is pretty much at the top of it's game right now, and besides I have my other 50% in stocks. Bonds at this point are not the best avenue to go either. So where do you go? Best yields out there are only about 1% even longer term. What a miserable time to need cash flow. Will it ever end?
Now the other half of my what seemed like miserable 3 1/2 % interest rate CD's are coming due soon, leaving me with about $700,000+ in cash. I think the stock market is pretty much at the top of it's game right now, and besides I have my other 50% in stocks. Bonds at this point are not the best avenue to go either. So where do you go? Best yields out there are only about 1% even longer term. What a miserable time to need cash flow. Will it ever end?