Jul 19 2008
CD Ladder Investment – 50% Complete
- 1 Comment
So I am halfway there on completing my 1st short-term financial goal of creating a CD Ladder investment worth $3,000, opening up my 3rd CD in July. These are dollars that I can save and/or earn through this blog. This $3,000 investment would be made up of six $500 CD’s that have a 6-month term.
As you can see in my savings account, I have accumulated enough to enter into my third $500 CD this month, ensuring that I don’t duplicate the months that I already have covered.
Rung #1 – February and August
Rung #2 – June and December
Rung #3 – July and January
Since my 1st CD will rollover in August, I have two months to save/earn $500 for CD #4….I think I can get there.
Feel free to subscribe to Finance Puzzle for the latest postings and updates.
[...] Rung #3 – July and January [...]