"Elle" <elle_navorski[at]nospam.earthlink.net> wrote in message
news:xDg5e.2377$lP1.1152[at]newsread1.news.pas.earthlink.net...
I'd suggest in the alternative a
- quote -

Heck, my credit union sells CDs in these maturities. Closer, easier to deal
with, doing business in the local economy, just has everything positive
going for it.

Elizabeth Richardson

Looking at the treasury bill auction results I see that 6 month
(about 180 day) bills are paying over 3%. This is the US
Treasury and thus less risk than your CDs (and no
state income tax on the interest).

http://wwws.publicdebt.treas.gov/AI/OFBills

Risk is hard to measure until it turns into a loss....

You might even consider 3-month CDs right now.

But do you really mean a ladder? It sounds like you mean just buy a
collection of 6-month CDs every 6 months. I'd suggest in the alternative a
ladder with rungs 3 months apart. E.g. today put 1/4 of your $30k in a
3-month CD; another 1/4 in a 6-month CD; another 1/4 in 9-month a CD; the
last quarter in a one-year CD. When the 3-month CD comes due, buy a one-year
CD. Every three months there-after, buy a one-year CD. Fidelity, for one,
sells CDs that are these maturities.

I agree about the preferreds (or any other hybrid) right now. They took a
dive recently. Maybe they'll come up. Maybe they'll dive further (if
interest rates keep rising, albeit slowly). They look too risky for your
purposes.

stocksnsuch[at]hotmail.com wrote:
- quote -

I would consider parking it in laddered 6 month CDs and/or T-bills.
Right now you should be able to get around 3.5% on 6 month CDs if you
hunt around (Ascensia or IndyMac). 6 month T-bills went for just over
3% at the last auction.

Andy

- quote -

Bank loan funds!!! Very modest volatility at 4% and rising.
http://news.morningstar.com/fundReturns/FundReturns.html?category=$FOCA$BL

Cal Lester wrote:
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EmigrantDirect is paying 3.2%, http://www.emigrant-direct.com.

--
================================================== ======================
Ian Pilcher i.pilcher[at]comcast.net
================================================== ======================

of, if not ING, then perhaps.....

http://www.emigrant-direct.com/info.php
or
(where I first found it)
http://www.bankrate.com/hlink_redire...6&s3=416&s10=3
from.......
http://www.bankrate.com/brm/rate/mmmf_home.asp


albert


"Cal Lester" <cal-lester[at]comcast.net> wrote in message
news:9s2dnVHAfI6-HsjfRVn-iw[at]comcast.com...
- quote -

Take a look at WWW.ING.com
currently paying 3% on their regular savings account.
No minimum, easily available
Cal


BreadWithSpam[at]fractious.net wrote:
- quote -

stocksnsuch[at]hotmail.com writes:

- quote -

Check again. Yields have been going up - a lot.
As of 4/5, the *average* taxable yield is over 2% and
the highest yielding ones are as high as 2.5% or more.



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Are you posting responses that are easy for others to follow?
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I am sitting in about 30% cash at the moment. With the exception of my
emergency fund, the bulk of this will eventually be put to work in
equities. I am not comfortable, at the moment, putting more money into
the stock market, though.

My cash is currently yielding 1.7% in a MMF. I have thought about
building a CD ladder using 6 month CDs that currently pay a 2.6% yield.
My emergency fund will remain in the MMF.

I am willing to accept a bit more risk for a higher yield. To that
end, I am considering picking up some preferreds, specifically some
financial institutions. But, with the FOMC likely to continue raising
rates, I am concerned that this could adversely affect the price of the
preferreds.

Your thoughts or suggestions?