hello...Within my investment allocation I have both a 10 year laddered CD/Treas investment "piece" as well as other funds currently sitting in MM...w/.5% yield. I am working on improving the yield on my MM liquid funds.
I have purchased brokered CDs in my TD/Ameritrade account with the "ladder" approach and have historically found the yield on the brokered CDs at least as good as the on line banks. Currently the TD brokered CDs in the shorter term (say 6 mo-2 yrs) are dramatically lower than i online bank rates...example...one year Ally .95% through TD...2.00% purchased directly. No doubt this is significantly due to TDs "cut/commission"
Is there a place to go where the "pass through" rates are closer to direct purchase rates?? Does VG Brokerage (or another brokerage)offer better pass through rates?
As I move closer to "retirement" I want to become "better" at increasing yield within particular risk categories
What do some of you do to increase safe yields...where do you go to find such yields?? I would like to keep maturities short right now with the thought of lengthening as interest rates rise (my assumption...next 1-3 years).