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E ND | Depending on your current tax situation, that 4-4.3% interest rate on CD's and money market accounts gets eaten up pretty fast with income tax.
I'm guilty of too much in CD's myself but the more I look at it the worse take I have on it and with inflation the last few years, that money probably went backwards when your after tax net yield is more like 2.8%.
The market is still where the majority of a portfolio belongs with a risk profile appropriate for your age/years to retirement. I think the recent market dump is going to come back screaming, I'd hate to have pulled money out on a low then watch it go to the moon later this year.
My $0.02. | |
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Investment Question
