CD rate vs term
OK finally sold my going nowhere bond fund. Going to build a cd ladder with schwab.
Rates are 1 year 2.75 2 year 3.1 3 year 3.25 5 year 3.55
With interests rates on the rise I am leaning toward just one and two year for now and stretch it out sometime in the future.
Doesn't it seem likely that 1 year cd's will be over 3% this time next year?
You've got to ask yourself one question: Do I feel lucky? Well, do ya, punk?
Retired July '11 investments 60/40 in very low cost index and mutual funds, balance once a year at best.