No. of Recommendations: 1

You have the patience of Job?/Jobe? regarding the other thread. I don't know how you do it. But thank you. I have read in a lurking mode for several years and certainly know where to come when I have questions.

Re a 4 year CD ladder (and 1 year MM). It equals 5 year expenses. In our case newly retired, it is protecting against a drop in MM rates going forward. I'd rather protect the downside at this point. Lock it in even at 5.05%.

Previously, MM allowed me flexibility to buy what appeared to be undervalued.

Going forward, CDs provide a floor against falling MM rates and also provide some flexibility. Ergo - in a given year if my holding is fairly valued, I'll sell some and roll the CD. OTOH if my holding is undervalued, I'll cash in a maturing CD rather than roll it. Again and again if necessary for 5 years. Sounds simple enough, but I KNOW (KNOW!)it's not.

Markets can change, and fast. Stock market AND bond markets. I'm satisfied to have locked in the CDs. Waiting on a rollover to fund the last CD.

Thank you again for this board. It is a terrific resource.

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