No. of Recommendations: 0
What about a couple of other options:

1) GNMAs - I think these are yielding in the 6% range and are an intermediate-term bond that is government backed I believe.

2) TIPS or I-bonds. Given current inflation numbers I'd think TIPS should have a rather nice yield for some time to come in 'real' terms of 3-4% which if inflation is 3% puts them at 6-7%.

MM are definitely short on the yield curve and I don't think CDs go out as far as say intermediate or long-term bonds might, IMO.

JB
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.