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Message: <blockquote data-quote="Werewolf" data-source="post: 1329682" data-attributes="member: 239">GTG indicated/strongly implied he puts his cash in liquid accounts and none of those to my knowledge pay anywhere near 1.9% interest which is why I asked where he was stashing his cash.3 year and 7 year CD's are hardly liquid and depending on the lending institution may have substantial penalties if cashed in early. Unless one believes interest rates are going to stay flat or go down locking in 2% for 3 years or 3.49% for 7 - except under special circumstances - isn't really all that good of a deal. CD's with face values over $100K can in fact be traded like bonds and their market values change in the same direction as bonds. So they are essentially a liquid instrument and can almost be considered the same as cash. They trade at current T-Bill and Note rates which are considerably higher than a non-negotiable standard bank CD and are a really good deal currently - assuming one has $100K to buy one.I don't know a lot of folks that can drop cash into and out of $100K bank CD's and even if they could it isn't really likely they'd use them as short term cash instruments.So I am still wondering where GTG stashes his cash as I'm pretty sick of earning .8% or so on a money market account with a $50K+ balance.</blockquote>