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Writer's picturePokey

Personal Capital & CD Ladders


This app is pretty amazing. I check it too often, but it got me thinking about how to allocate my capital.

https://www.investopedia.com/terms/c/cd-ladder.asp

3 Financial Buckets

1. Liquidity - cash and CDs, near term expenses ~ $10K. Hold in checking, what you'll need for the month. Overdraft protection in Money Market and Share Account.

2. Stay Rich Bucket - SP500

3. Get Rich Bucket - Moonshots

Create Google Sheet of CDs. One for every month. Shop best rate and sell the worst rate if money is needed. Open up CD Ladder on TDAmeritrade.

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