Here is a quick post updating all my regular readers on the status of the CD Ladder for STMT. To remind you all here are some previous posts on how I got here:
Post 1: How to build an effective CD Ladder
Post 2: 1st Rung of the CD Ladder
Post 3: CD Ladder update at end of year
So with those previous posts setting up as the foundation, I have recently opened up the 10th rung on the CD Ladder. Since I open up an annual CD every month, I have two more months to open and then ladder will start to rollover naturally in July 2020. Also, the current effective interest rate is at 2.04% with the recent CD’s opening up at 1.5%.
Here is an image showing how I track the CD Ladder:
I am a finance professional with over 20 years of experience and very passionate about all topics related to finance; enjoying the aspect of teaching and educating others along the way. All in all, I will show you how big this money tree can get over time as I get the branches (Earn, Save, Invest) as high as possible…Click here to see my financial progress to date: How high is the Money Tree?
