Bob Morris
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Risk-free short-term CD rates are near 5% now and are clearly going higher.
https://www.reuters.com/markets/us/feds-powell-hill-appearance-update-views-status-disinflation-2023...
10:44 AM - Mar 07, 2023
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MaJoad
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In response to Bob Morris.
Good to point this out. I can’t keep up with the CD rate increases lately! Good for savers!
10:57 AM - Mar 07, 2023
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Bob Morris
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In response to MaJoad.
We use Fidelity, they have CD ladders (3, 6, 9 month 1 yr, rolling over) and SPAXX, a short-term money market fund, currently yielding 4.2%.
11:03 AM - Mar 07, 2023
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MaJoad
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Thank you for sharing this, we have been using Capital One, who also has several time frames. 11 month for 5%. Sounds like Feidelity has a good money market rate.
In response to Bob Morris.
11:12 AM - Mar 07, 2023
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