4.4% 10 Year CD

Hippie
  |     |   48 posts since 2022

Fidelity has non-callable 10 year CD's paying 4.4% from SYNCHRONY BANK & COMMUNITY BANK OF THE BAY available. I understand you could get a 10 year Treasury Note and avoid state taxes but if you are to believe interest rates will go down, this seems to be decent. Just ask yourself if interest rates went back down to 3.5% for a 5 year, would you regret not jumping on this? I sure regret not buying about 5-6 houses in 2010 and sitting on them. Mo $$$ Mo problems.



Answers
CDmanFL
  |     |   286 posts since 2019
Could turn out to be a smart move but I’m betting on “higher for longer” and perhaps “higher for much longer”. I can’t imagine us going back to zero or even close. I’ve been wrong before and will definitely be wrong again. Just my 2 cents.
gratitudecd
  |     |   83 posts since 2022
I agree with CDMANFL


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