I went through the dot-com bust and would never do it again. I put my money into plain old CDs an have done much better than I did with the market. Until just recently I had 6% CDs that matured after 10 years. I now have 3% to 4% CDs and they are doing well. Making money each month and compounding so I'm happy. I have the "pillow factor" under control. All these market problems are of no concern to me. In fact when the Feds raise the rates the CD rates go up so it a win-win for me.
Also CDs have zero cost - no management fees, buy/sell fees, and many other fees that stock/bond places charge investors. My go to places for CDs are Pentagon Federal and Navy Federal Credit Unions. These 2 credit unions have the highest ratings.
Last edited by rmd2; 09-26-2022 at 10:53 PM.
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