Comments on: CD Ladder Explained

By: 25 Ideas For Your Income Tax Refund

25 Ideas For Your Income Tax Refund — Thu, 11 Feb 2010 16:02:34 +0000

[...] CD’s – Set up a CD ladder for continued [...]

By: Ducks and Dollars » Blog Archive » Should You Buy a Certificate of Deposit (CD)?

Sun, 31 Jan 2010 00:30:42 +0000

[...] interest. You may withdraw the money early but you will be required to pay a penalty fee. A CD ladder (as explained on Moolanomy.com) is a good option for those than want some liquidity in their [...]

By: CD Ladders - My Take | Do You Dave Ramsey?

CD Ladders - My Take | Do You Dave Ramsey? — Fri, 14 Aug 2009 11:01:09 +0000

[...] CD Ladder Explained[...]

By: 6 Ways to Maximize Bank Deposit Returns : Bizzia - Business News and Commentary - Finance and Business Tips

Thu, 06 Aug 2009 17:13:22 +0000

[...] a CD ladder : You can use a CD ladder to take advantage of different interest rates. Plus, you’ll have your CDs maturing at regular [...]

By: The CD Ladder: A Different Way to Save | Prime Time Money

The CD Ladder: A Different Way to Save | Prime Time Money — Wed, 20 May 2009 10:01:11 +0000

[...] CD Ladder Explained at Moolanomy [...]

By: What To Do With an Inheritance Money | Good Financial Cents by Jeff Rose Certified Financial Planner

Sun, 17 May 2009 22:36:39 +0000

[...] you are a beginner, there’s no sense diving in. By utilizing high yield interest accounts and a CD Ladder, your money will be making money while you educate yourself on your [...]

By: Link Love: 12 Days and 12 Peeps to Love | I've Paid For This Twice Already...

Tue, 16 Dec 2008 18:00:43 +0000

[...] 1. Moolanomy: CD Ladder Explained [...]

By: PennySeeds.com

PennySeeds.com — Tue, 02 Dec 2008 15:49:06 +0000

Seems like a good plan, but only if you have plan to use that money in a short amount of time. If you’re saving for a house or something you don’t plan to acquire for quite a long time then putting it in the high interest fund seems much better to me.

I have an emergency fund in high yield savings for the same rate a lower CD would cost me right now – So no need for this type of scheme.

CDs keep you from taking your savings, because it kills you to pay that penalty. Nobody like paying out to a bank, but you’ll do it if you honestly need the money which is exactly how you should be doing it anyway.

By: squawkfox » Snow, Rain, and Slush Oh My!

squawkfox » Snow, Rain, and Slush Oh My! — Sun, 23 Nov 2008 08:08:07 +0000

[...] CD Ladder Explained | Moolanomy [...]

By: Adam

Adam — Mon, 17 Nov 2008 01:25:56 +0000

It is a good idea to keep an amount in a high-yield savings account for some liquidity. That way you do not have any penalties on the CD if you must access it because of an emergency.