Anyone putting money in CDs? I feel like markets are gonna suck this year.
Vinyl is where it’s at.
I thought GoA was all in on 8 tracks.
Reel-Reel or gtfo imo
When I was setting aside money for a new car I put some in a CD before I discovered AmEx Personal Savings. It’s currently paying 3.75%, which admittedly is lower than CDs, but there are no withdrawal restrictions, which is nice. At the time I opened the account it was actually paying a couple hundredths of a point more than 6-7 month CDs were. Anyway, that’s where the emergency fund is parked. Also have some stocks in current & former employers and most of the rest goes into retirement.
This, if you’re setting aside money to buy something in the next year or three, HYSA or CDs make a lot of sense. Otherwise, S&P index funds and chill, IMO.
If CDs were back they would be DCs. (I know, I’m such a comic.)
CD’s are facing a backlash these days as many states are trying to ban drag chows.
What is drag chow? Is that a cross-dressing dog breed?