Dismantling my current CD ladder
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As I have been given this decision some thought over the last few weeks, I finally concluded that I will stop rolling over the 6-month CD ladder that I have created through the savings on this website. This decision is driven by two primary items:
- Recent and foreseeable rates on the short term CD’s are below 1.5% at ING
- The long term trend of the US Dollar is negative
I feel by investing the savings accumulated in the current CD ladder to the bond or equity markets, I will be able to capture a higher return with a slight increase in risk. So as each CD matures from the ladder each month, I will redirect the funds from ING to my Fidelity Brokerage account.
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2 Comments on this post
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Rose carp fishing said:
Hi,
I roll over everything that I make after each CD matures into a new 5yr CD, and each year after the initial $5000, invest a new $2000, into a new 1yr CD, and start adding that to the roll over CD each year as well. After 10 years, I’ll have invested about $23,000, but should have made a ton more correct?October 12th, 2009 at 1:50 am -
forex trading systems said:
Nice Post with have good info.
October 30th, 2009 at 6:09 am
