Date: Tue, 12 Apr 2005 09:36:41 CST
From: "Elizabeth Richardson" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Where to park cash?
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"Elle"  wrote in message
news:xDg5e.2377$lP1.1152@newsread1.news.pas.earthlink.net...
I'd suggest in the alternative a
> ladder with rungs 3 months apart. E.g. today put 1/4 of your $30k in a
> 3-month CD; another 1/4 in a 6-month CD; another 1/4 in 9-month a CD; the
> last quarter in a one-year CD. When the 3-month CD comes due, buy a
one-year
> CD. Every three months there-after, buy a one-year CD. Fidelity, for one,
> sells CDs that are these maturities.
>

Heck, my credit union sells CDs in these maturities. Closer, easier to deal
with, doing business in the local economy, just has everything positive
going for it.

Elizabeth Richardson