Quote:
Originally Posted by dewilson58
Since we are talking about Savings Rates, 1% (even 2%) difference in rates is immaterial.
Very little $$$ should be sitting in a savings account.
If "you" require Insured dollars in your portfolio, "you" should be laddering CD's....not parking money in a savings account.
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If 1-2% are insignificant then why would you bother with a CD unless it had a yield above 6%? Where do you find CD's that are more than 2% above what high yield savings are offering?