No. of Recommendations: 2
You probably know what you are doing but just in case others here don't, one word of caution on brokered CDs.

While they are typically FDIC insured, they can be very illiquid. If you need your money for any reason prior to maturity, you must find a buyer for it, just like you would a bond. If no one wants to buy your CD, you might find you have to dump it at significant loss or simply wait until it matures. You generally have no provision to surrender the CD early via the issuing bank.

That being said, you can often find better rates on brokered CDs.
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