To return to the forum homepage, please click the banner at the top of your browser.
Started by Townie, January 05, 2019, 10:54:40 AM
Quote from: svytraveler on January 14, 2019, 08:09:44 AMI am posting, not to try to convince anyone, but it helps me to write out my thought process and confirm what I am doing still makes sense. I see that all the CDs with terms of less than 1 year earn less than the rates for comparable term Treasuries. However, for me at least right now, the better comparison would be for CDs with terms 1 year or greater, and then I see that all the CDs that Schwab lists all earn more than comparable term Treasuries. So I would really need to figure out whether the savings on my state tax rate makes up for the spread between the CDs and Treasuries. Cherry picking the best CD rates with terms of at least 1 year at www.depositaccounts.com/cd and building a CD ladder, or as Sam has recommended, a CD step stool, seems like a better plan for me.