Showing posts with label CD's. Show all posts
Showing posts with label CD's. Show all posts

Friday, February 2, 2018

Putting Short Term Cash to Work

As all readers of my blog know, I am an advocate of keeping cash around to sleep well at night.  It also allows me to buy into corrections.   Today I am nibbling a little bit ... see previous post ... but I am also taking advantage of some nice yields on cash in the form of a Certificate of Deposit.

The concept of a nice yield is relative.  I come from a generation of investors who buy C.D.'s with an 18% yield.   Buying a CD with a 1.5% yield is only nice in this environment.

I fully expect interest rates to increase, which means I keep my maturities very short.  Here is a CD worth looking at.

Citibank 1.5% CD matures 5/9/2018
Buy at par
Cusip 17312QG94

M* MoneyMadam
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Thursday, July 27, 2017

Short Term Cash Management

Last week was options expiration and several of my positions were assigned.  I have a lot of cash around.  I can't stand this business of getting nothing from a money market.  Using 3-4 months U.S. Treasuries and CD's to put some of this cash to work.  Here are the investments I made today.






Not a lot of income but remember that when you watch your pennies, the dollars will take care of themselves.


M* MoneyMadam
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