CD Ladder Investment: Two-Thirds Complete
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I am getting one step closer to completing my 1st short-term financial goal of creating a CD Ladder investment worth $3,000, opening up my 4th CD in September. 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
Rung #4 - September and March
Two more left for the months of October and November….I think it will be a stretch to complete two more in a row so I am aiming for the next one in November…
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[...] Rung #4 - September and March [...]