https://fixedincome.fidelity.com/...-new-issue
New issue CDs by top rates:
CDs
3mo 5.30
6mo 5.30
9mo 5.35
1yr 5.45
1. To explore and buy CD's on Fidelity website you need an account.
2. The rates above are for callable CD's, non-callable CD's offer slightly lower rates, for example, for 1y CD callable APY 5.45%, non-callable 5.3%.
3. Nice feature of a Fidelity account is that if you cannot decide which CD to choose you can in short term keep your money in Money Market account SPAXX that currently pays respectable 4.75%.
https://digital.fidelity.com/sear...e=o-NavBar
RATES AS OF 9:07 PM EDT 06/26/2023
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The CD APY rates are still going up.
In the CNBC interview, Buffett advised savers to buy shares of the S&P 500, and keep doing it no matter what. That's the key not only to holding a strong retirement fund but also to having more cash on hand to pass down to your family, he said.
"Keep buying it through thick and thin," he said. "Especially through thin."
Buffett explained that it can be incredibly tempting to sell when the market sells and to buy when the market buys. But doing so means not getting the best deal for your dollar.
"When you see bad headlines in newspapers, we say, 'Well maybe I should skip a year.' Just keep buying it," he said.
If you're buying the S&P 500, you're buying the biggest and best companies in the country. So you just have to remain confident, like Buffett, that these companies will rise again.
"American business is going to do fine over time, so you know the investment universe is going to do very well."
"Buffett advised savers to buy shares of the S&P 500,"
This is correct, more precisely, Buffet advice was to keep about 90% in S&P and rest in treasuries, bonds, CD's, cash. This was advice to his wife estate, so this is a conservative approach advisable for those retired or close to retirement. For younger folks, adding some growth, technology companies or ETF's, for example, QQQ or FTEC, might be a good strategy as well.
"Warren Buffet's will leave his wife money allocated conservatively: 90% in the Standard & Poor's 500 and 10% in short-term Treasuries, frozen at those levels"
https://www.berkshireha