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Author Topic: CDs Maturing - What to do now?  (Read 1303 times)

nobody

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CDs Maturing - What to do now?
« on: August 08, 2020, 12:19:27 PM »
I have a couple of CDs maturing @ 2.85%.  One is maturing in the next few days, ~$26k, and now rates are at ~1%...  :(  I don't need that money anytime soon.  What to do with it now?
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blue_green_sparks

  • Bristles
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  • FIRE'd 2018
Re: CDs Maturing - What to do now?
« Reply #1 on: August 09, 2020, 10:20:09 AM »
I had a couple of nice 3.5%, $100K CD's mature a few months ago. One went into an online purchased, B+ rated,  3 year fixed annuity at 3.25% with Gainbridge. The other went to buy shares of VTI. I am curious to see which investment does better in 36 months time, LOL. These low interest rates plus inflation make it tough to stay completely away from the market.
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nobody

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Re: CDs Maturing - What to do now?
« Reply #2 on: August 10, 2020, 09:30:27 PM »
Hmm... never looked into annuities.  Agreed on the low interest rates and inflation sentiment, but the market seems so inflated at the same time.
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ChpBstrd

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Re: CDs Maturing - What to do now?
« Reply #3 on: August 11, 2020, 10:46:00 AM »
Pay off your mortgage?
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