[retiredguy123]

Originally Posted by valuemkt

Fidelity and merrill Lynch (Etrade and a score of others). Sorry, but your information is out of date. You may be quoting BANK Cds, similar to bank savings accounts that tie up your money. They will nearly always be less than corporate CDs bought from brokerage firms.. You can buy T-bills from brokerages or from TreasuryDirect. Regarding BondFunds, yes, you can sell at any time, and get the MARKET price, which fluctuates throughout the day and goes down as rates go up. That is the problem, as I see it, with bond funds. To reiterate, when you buy an individual corporate CD or Tbill, you know exactly when it matures and you know exactly how much you;ll be receiving. There is no market risk. Nearly all bond funds have been exposed to market risk this year.. You may have received some interest, but your principal has deteriorated.

I was quoting credit union CDs from penfed.org, which are similar to bank CDs. I didn't think that corporate CDs came with FDIC insurance, or the insurance offered for credit union CDs.