Quote:
Originally Posted by Plinker
I believe there are more shoes to drop. I just purchased two, non-callable CD’S from my Vanguard account. I required two in order for each to be under the $250K FDIC limit of coverage.
Why take a chance? I opted for a 3-year term at 5%.
As Ron Popeil said: “Set it and forget it”. Due diligence is required and I do find it disgusting that the perpetrators of poor management often get a free pass.
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US Treasury I-Bonds are paying 6.89%. 1 quarter interest penalty if redeemed at one year, no penalty if held for two years.
Zero risk.