Originally Posted by brewer12345
I have about given up looking to scrape value out of the bond markets. Credit risk is paying nothing in the short and (increasingly) the long term. So I just set up yet another transfer of cast to be dumped into my add-on CDs at the credit union. When I run out of running room there in 18 months or so, I will be seriously considering just killing off the mortgage early with the cash.
Yeah, I'm scraping the bottom of the barrel too. We killed the 3.375% mortgage and a 1.9% small car loan in late 2019 with cash that was earning 1.7%.
We have his and her 1-year 1.35% add-on CDs at NFCU that we'll transfer our Capital One online savings to once we get the 1% bonus they were offering for 3 months deposit.
I got about $20k in my IRA from a preferred stock call that I need to figure out what to do with but the pickings are slim.