Quote:
Originally Posted by Stewie
I had a CD mature yesterday and needed to reinvest. It was 9 months at 5.25.
It's been a while since I looked at rates, but they keep going up. I've been laddering but at this point that might not be the best strategy.
Moved that money to a 3 month 5.55 CD.
I just feel that CD rates are going to climb. Heck, long term CDs are north of 5%.
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I've been buying them hand over fist. Fidelity's brokerage is great about finding great rates, often with little local banks. My latest is a 5-year CD at 5.75 percent. I'm liking that a lot.