mister wrote:
Ghost of Igloi wrote:
What? Leveraged CDs? What in the hell is a levered CD? Also, CDs pretty much were above 2% last year. This morning I just bought a one year CD in my own account at 2.55%.
You need to check the bolts on brain box. Something has juggled loose.
Your investment strategy over the past several years has not been unlike many. Up until a few months ago, it has not been sound. No sense looking back with anger.
His investment strategy has been 85% in CDs. Here is how CDs have performed over that last 30 years.
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdf