Several banks' insallment savings accounts are reasonable rates for the duration they are offered. The problem being the lag time of placing money into the accounts.
As a hypothesis, considering using installment savings accounts in a method I am calling a cascade CD. The purpose is to invest a given sum of money as quickly as possible. This would involve opening a 36 months, 30 months, 24 months, 18 months, and 12 months installment savings accounts.
As I have it structured now, all the funds would be invested at the end of twelve months. As a CD reached its maturity, it would fund the cascade for the next 6 month period. For example , the 12 month CD would pay all the installments due from months 13-17 for each of the remaining four CDs . Then , the 18 month CD would pay all the installments due from months 19-23 for each of the remaining three CDs.
This particular structure would, also, require the use of a "high-yield" liquid account. ( I apologize for what appears to be an oxymoron at this time in the investing cycle.) Unless one was able to establish six parallel cascades each a month apart.
Any comments, suggestions, or alternative structures are solicited.