I've been stashing my cash in a CIT savings account @ 5.05%, however, the feds not only left rates flat today but plan on several cuts next year. So I bought a nine month CD @ Forbright yielding 5.75% and a six month CD @ CIT for 5%. Penalty for early withdrawl is 3 months interest. I'll still have 4-6 months of cash in the HYSA, just protecting ROI on $100k by buying CD's. I don't bother with money markets, I live in WA and won't save any taxes doing so. Anyone else making defensive moves??
$10k limit on iBonds, and the website was built by a four year old :)
Yes, very frustrating to navigate.
I just have HELOC for emergency fund so I don’t have to have cash in savings accounts
I am allergic to debt, HELOC is a non-starter for me. Besides, getting 5% ROI with no risk isn't a bad place to be and I've been laid off twice in my career (you learn, quick). I have other investments and can pivot to more if I choose to reduce my cash in the future.
CDs here as well. Also I-bonds, but when the interest was higher.