Thursday, October 4, 2018

Savers need this!

Put a little money in a one year C.D. (certificate of deposit.)  Chose Morgan Stanley 2.5% with an expiration of 10/11/2019 which is one year and seven days.  CUSIP is 61747M6Y2.    If rates go up again next month, I will ladder the next C.D.  

By the way, I could have picked a CD with a 2.65% yield that also is FDIC insured but, I just preferred the issurer is really safe.

M* MoneyMadam