by komputodo ➕follow (1) 💰tip ignore
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Chucky is offering 1 yr CDs at about 4.7%. Any thoughts about that?
One lesson from the 2001 crash was that money market is NOT CASH and can decrease in value.
So you can put $1000 in money market one day and find that you have $900 in it the next day. Learned this the hard way.
https://www.cnbc.com/quotes/US3M
3 month Tbill rates Yield | 8:44 AM EST 4.457%
https://www.cnbc.com/quotes/US6M
3 month Tbill rates Yield 8:43 AM EST 4.754%
I normally buy these through a brokerage account.
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