Guys I wanted to thank all of your for your posts on this.
1 – My old real estate buddy (who bailed on real estate and went into oil well investments) uses treasury direct and has been very happy with his purchases of those securities offered there…
2 – I have uses ING and Emmigrant for money market funds and was happy with the rates received.
3 – PS, I agree with your thoroughness with regards to making sure that WHOEVER you select you should check them out to make sure that they are solvent. I must admit I am negligient in that case at times…
4 – I am sure all of you know that the rate quotes have the actual rate and the APY. At first I was pretty much settling on a 6 or 7 month CD or perhaps even a liquid CD… Now I am wondering if I should go longer like 18 months as the impending recession should start to knock rates down… perhaps as soon as next spring?
So is it better to lock that nice rate in now? This would assume big B is going to stop pumping the fed funds rate and will start to reduce it as the housing market falls apart and the economy heads south…
