CDs

[NitroZ7]

CD rates are looking better. Just picked up a 35 month one at 3% that pays monthly. New issue being issued May 11 and it is monthly pay. UBS Bank (UT) if anyone is interested.

[TampaJim]

Plenty of banks offering 2.85-2.90 for 24 months - Goldman, AmEx, Morgan Stanley, etc.
Tap out Series I, grab up a TIPS EFT and snuggle up to a modest CD. Otherwise, I'd wait.
Ain't even close to over. We have some seriously challenging pavement to travel downhill.

[NitroZ7]

Plenty of banks offering 2.85-2.90 for 24 months - Goldman, AmEx, Morgan Stanley, etc.
Tap out Series I, grab up a TIPS EFT and snuggle up to a modest CD. Otherwise, I'd wait.
Ain't even close to over. We have some seriously challenging pavement to travel downhill.

This was actually a 31 month so it is about 2.5 years. (matures November 2024) I like it because it pays interest monthly. I got another longer one that pays 3% for 3 years, 3.5% for 3 years, 4% for two years and 5% in the last year. This the only longer one I have and laddered the other on a 1-3 year maturity. Soon I will start buying some tax free municipals in another account if their yields get up in the 4% range.

[Bassin08]

I’m assuming these are on-line bank CD’s.? Our credit unions haven’t moved at all yet. Still at .45% for 13 months. I can’t do the on-line CD’s because my wife is computer illiterate. If I die she will be lost.

I tried my broker, but he takes the lions share of the interest and leaves me peanuts. I’m trying to find a CFP who will invest a very large amount in some type of fixed income safely for us. I can’t stand the guy they gave me when my guy retired in Janutary 2021. I’m with Stifel and very unhappy.

[NitroZ7]

I’m assuming these are on-line bank CD’s.? Our credit unions haven’t moved at all yet. Still at .45% for 13 months. I can’t do the on-line CD’s because my wife is computer illiterate. If I die she will be lost.

I tried my broker, but he takes the lions share of the interest and leaves me peanuts. I’m trying to find a CFP who will invest a very large amount in some type of fixed income safely for us. I can’t stand the guy they gave me when my guy retired in Janutary 2021. I’m with Stifel and very unhappy.

I have an account at TD Ameritrade. I go online and it gives me a list of CDs, bonds, agencies treasuries etc. I just put in the credit quality and the duration (less than 1 year, 1-3 years etc.) and it gives you what is available. It shows up in your brokerage account just like a normal CD. The other account is at Ameriprise and I have to call my broker to buy and they don't have near the selection that TD Ameritrade has. I like being able to buy new issues and also see if they are quarterly pay, semi-annual, monthly etc.