Tuesday Tip - when life gives you lemons...

Mark Knopfler & Emmylou Harris - "All The Roadrunning"

With inflation headed down in the United States, the yield of iBonds (recommended in Losing My Religions) is down significantly. However, rates on certificates of deposits (CDs) are up: "Some CDs are now paying 5% or more, but pros say don’t count on that lasting." We bought an 18-month, a 5-year, and a 10-year, all with rates over 4.7%. 

CDs are a much safer place to be than the stock or bond market will be if the lunatics in the House drive the United States to default. More from Brookings. 14th Amendment!

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