CD rates, it was fun while it lasted!

[mesquito_creek]

Below 5% and both Schwab and Fidelity dropped 30 day certificates…. It was fun, but I guess we go back to incentivizing debt instead of saving.

 

[JFMFG]

Below 5% and both Schwab and Fidelity dropped 30 day certificates…. It was fun, but I guess we go back to incentivizing debt instead of saving.

Just rolled ours in chase 3 month 4.5. 12 months was 2.5

 

[mesquito_creek]

Just rolled ours in chase 3 month 4.5. 12 months was 2.5

I have been watching for a couple days and there has been no 30 day offerings. BUT since I posted Schwab just put out a single bank 30 day at 4.75, so I grabbed it.

 

[EmpirE231]

yeah had a few discover CD's at 5.3% that just matured. current 9 month is 4% so it'll just sit in the money market at 4.5% for now.

 

[CLdrinker]

I missed the peak but locked 4.05 for 2yrs

 

[boatnam2]

Still a little better than it was few years ago, .5% 2 1/2 years ago.

 

[Sharky]

Back in 1979 when my wife was graduating HS she had some extra money. Her grandfather said get some CD's.

Yea, they hit 17% He told her they would never, ever hit that high again.


That was back when Jimmy was president.

 

[Paradox]

Schwab Money Market is still not too bad depending on what you have. Here’s the 7 day yield.

Quick rant, Rivian sucks. The highs and lows this year are giving me anxiety..

 

[Willie B]

… I got into a 12 mo. at 5.1% maybe two or three months ago… A credit union having to do with the entertainment industry… So I put a chunk in… I should call them and see what they’re offering right now… Just out of curiosity

 

[2Driver]

I loaded up on long 4.7-5% tax free munis during that period.

I still have cash sitting in the snaxx account at Schwab and taking a haircut.…not sure what to do as its only going lower. Maybe pick up some hard money even though Id rather not.

 

[Willie B]

… You pretty much have to live in Los Angeles county and there may be a couple of other rules to join… But there is a 4.5% seven month-er @ First Entertainment Group Credit Union.., in Burbank…

 

[Orange Juice]

I remember purchasing a 15% 5-year CD in 1982. I was around 21 y/o. Thought it was the worst thing I could do with my money @21, but I locked up $10k. It started what is now my slush fund. I was in the Navy at the time and spent a lot of time at sea. No place to spend those paychecks aboard ship.

Then I found out about stocks, but it took a 401k plan to get me hooked.