Skip to main content
No. of Recommendations: 1
"BTW, most of my e-fund has been sitting in 5-yr CDs there at 2.95% APY for the past 6+ months."

Boy, have you got me thinking!

Just checked on my local CU, they have 2.75% yield, but the penalty is 180 interest for early withdrawal.

If I dont need the funds for 9 months, that might be interesting... would yield .6875% if I pay the penalty. If I have 5 CDs at $1k each instead of one $5k cd (and if I only need to break 1), then the picture is even better

Of course, the idea is to not break any :-)
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.