The CD rates are inverted now and the highest are 1-3 months CDs that pay about the same as the holding account at Vanguard, for example, the VMFXX at about 5.3% - 1 year CDs 4%.
Looking at building a CD ladder but it seems to be the wrong time for it or is it?
Appreciate some discussion on rates expected to go up or down and what would be sensible to do with cash right now: build a CD ladder anyway or wait, wait how long, what strategy to use?
Maybe this needs to be posted in "investing"? Please advise, if you have time. Thank you!
Looking at building a CD ladder but it seems to be the wrong time for it or is it?
Appreciate some discussion on rates expected to go up or down and what would be sensible to do with cash right now: build a CD ladder anyway or wait, wait how long, what strategy to use?
Maybe this needs to be posted in "investing"? Please advise, if you have time. Thank you!
Statistics: Posted by Bennie — Mon Apr 08, 2024 12:53 pm — Replies 3 — Views 176