Talk of The Villages Florida - View Single Post - Question about FDIC insurance and brokered CDs
Thread: Question about FDIC insurance and brokered CDs
View Single Post
 
Old 06-19-2023, 07:25 AM
Bay Kid's Avatar
Bay Kid Bay Kid is offline
Sage
Join Date: Feb 2013
Location: The Villages and the Northern Neck on the Chesapeake Bay, VA.
Posts: 6,258
Thanks: 1,704
Thanked 3,539 Times in 1,581 Posts
Default
Quote:
Originally Posted by ChrisTee View Post
+1 and TIPS. Yesterday, Treasuries were paying a higher rate than FDIC CDs of similar terms. Easy to buy on Treasury Direct via Manaboutown's link above. Fidelity, Vanguard and Schwab are also easy places to buy Treasuries and then you can very easily sell or buy them if needed on the secondary market. Easy to create a CD or bond ladder on any of those last 3 sites.

Good luck - it's a golden period for cash investors right now, and TIPS may offer you additional piece of mind with their inflation protection as you are right - strange financial times. Are we sure that inflation is truly tamed? Not I, and TIPS may be helpful inflation protection for some here.
I lost a lot of money with TIPS. Staying away from govern