In-control
Recycles dryer sheets
- Joined
- Mar 9, 2007
- Messages
- 319
You guys and gals with CD ladders did you start 'em by buying CDs of 1,2,3,...n years and say presto I've got a CD ladder or did you build 'em over many years with all longer maturity instruments until enough rungs?
I built the original 5 over time. It tock me ~ 3 years and I sold a bunch of stock options to accelerate it. This served to re-balance my portfolio. Now my portfolio funds about 80% of my needs and I need to earn the rest, since their will be little appriation of assets this year.
Once I committed to a 20%cash 40%bond and 40%stock allocation it all fell together nicely.