Local credit union offering 5 year CD at a 3.00% rate

Oh gosh, those are new to me. I’ll look at them. I’m sure they’re trying to copy what Invesco did. Same idea… have the entire bond ETF portfolio mature around the same time.

Actually, Social Security is a ponzi scheme…

You’re entirely welcome to not claim your Social Security benefits and not make the Ponzi crime worse

1 Like

Glad to…just give me my contributions back. I wont even ask for interest.

Take the benefits until you reach the payback point then stop. No one is stopping you. Put your money where your mouth is

I can’t draw benefits for another 20 years. Give me the money now and you got a deal.

Relax!.. our SS system is the ultimate “too big to fail” scheme… you can be assured that the ones who follow you will suffer more than you have… :slightly_smiling_face:

Hi everyone, I think end-2022 to early-2023 is the time to lock in rates by buying CDs or bonds to hold to maturity. Rates will top out and fall into 2023-2024, that is the market view now.

I am seeing that with the rates getting priced lower since last week. I guess that is why Mr. market is up today July 28 2022. It likes the low interest adrenalin.

That sounds about right @ochotona based on what is being priced into the market.

Adrenalin or Crack Cocaine!