nrj3697 t1_j6obeao wrote
Reply to comment by TeflonShawn42069 in Why dont people talk about Tbills, Bonds, and CD's anymore? I remember my grandmother who was an accountant had tons of paper bonds for me when i turned 18. by [deleted]
Im wondering if doing CD ladders would be a plus right now for the long term while rates are high and lock them in.
lucky_ducker t1_j6p5o9y wrote
T-Bills are very close to CD rates right now, and are far more liquid than CDs.
Money market funds (another unloved investment) are paying around 4.3% compared to 4.65% for T-Bills, and are not only as liquid, they are immune to interest rate risk.
nrj3697 t1_j6paw1z wrote
What do you mean by interest rate risk
Six-mile-sea t1_j6oh89r wrote
I’ve been laddering t-bills which have been doing way better than cd’s. Pulled the plug to close distressed RE now that prices have dropped out of the stratosphere.
TeflonShawn42069 t1_j6om7zn wrote
I like cd ladders too, but I'm staying short-term until there is a fed meeting where the rate either doesn't change or goes down.
nrj3697 t1_j6ooezh wrote
We will see
mylord420 t1_j6p1whm wrote
For the long term you want equities still. Nothing will beat stocks for the long run.
nrj3697 t1_j6par4r wrote
Very true. I’m thinking like less than 5 years
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