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My 6.25% CD finally matures in two weeks and I have to figure out what I want to do with the proceeds. Penfed's current CDs appear to be the highest around: 3 years - 2%, 4 years - 2.22%, and 5 years and beyond - 3%. Certainly not as good as what we had five years, but not ridiculously low either.

Given the coming change of policy at the Fed, better to stick with the 3 year certificate? Or should I go with the 5-year CD?

I hope you all have a Happy New Year!
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