3. Another Good Day For CDs

Another Good Day For CDs

Bozo
Bozo   |     |   1,332 posts since 2011

Whenever my wife asks about "Mr. Market", I merely point out (a) it's not under my control, and (b) my serious money is in CDs.

  Post a comment
5


Bozo
Bozo   |     |   1,332 posts since 2011
I do understand the concept that, over the long-term, equities "should" perform better than bond funds or CD ladders. I also understand the concept that, in the long-term, we are all dead. I try to hedge my bets. Equities for our heirs, CDs and bond funds for us.




Fixed-income is dull-and-boring. Yup, by definition. When one is retired, dull-and-boring is about as good as it gets.
Reply
3
lou
lou   |     |   775 posts since 2010
Couldn't agree more. At my age, I don't need any more volatility in my life than what I'm already dealing with. I long ago stopped riding roller coasters, not the type of thrills I'm looking for in life.
Reply
1
Bozo
Bozo   |     |   1,332 posts since 2011
Wm. Bernstein described it quite succinctly as "when you've won the game." The notion is, quite candidly, to cash out (to a degree), disregard yields or profits potentially going forward ,and just book green.
Reply
1


The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.