Quote:
Originally Posted by wincrasher
This is why laddering is so important.
Don't lock all your money up in one CD. If you buy a 12month CD every month, in a year's time, you'll have a CD maturing every month.
Then you have the opportunity to take advantage of rates as they change. Alot of people are thinking that rates will more up significantly in a year or two.
|
This is a terrific idea and the low rates can't last forever. Inflation has to hit sooner or later.