With it now questionable if the fed will ever raise rates much higher, am I the only one who feels as if I've moved my pieces on the chessboard to where I want them, and I'm done for a while?
Most of my CDs matured this year (the perfect time), so other than a tiny, about-to-mature 3% Andrews (which I'll move to my 5.75% All-In Add On), nothing will mature until next Fall. Not only that, but all my CDs but one soon became at least 5% -- and the one that wasn't, I recently closed and moved to a 5%+ place for the same remaining time. Now all my CDs (w/terms from 1 to 4 years) all are 5%+.
Next Fall I'll have CDs maturing again, and will need to find some good deals, but until then... It wouldn't make sense to move 5%+ CDs elsewhere unless rates went up thru the roof.
So I just realized things will be pretty static for me for the next year -- just a 2024 IRA contribution, while any unexpected funds could go to my All-In 5.75% Add-On. But most funds are already tied-up, in 5%+ CDs.
Just have to remember to set aside more for taxes this year. Higher interest income, while very welcome, means it'll hurt a bit more at tax season.
