^^^^ My elderly parents (mom
) can't tolerate the thought of losing more on her monthly statement than she used to earn in a year (exposed in a variable annuity), so I put them in CDs earning just a wee bit when the Fed had come off of zero (as they planned) and the Tariff President spoke, crashing the markets 20% in Dec of '18. They haven't been earning doodly since... I will lock them into 5 yr CDs earning around 5% very soon. I like mom to sleep well at night.....
And she does
What I earn in interest "now" exceeds my SS payments.... and I've just begun to purchase higher yields as lower yielding bonds and CDs mature.
For once, I've timed it just about right
.
I sleep well too... except for my Lab alarm
