It is perhaps 3% more x 2 years on $25k which would be an extra $1500 with no risk. Rates may go down, of course, so no guarantee it will be an extra 3% for the next 2 years.I don’t think the juice is worth the squeeze. Wouldn’t be willing to do the paperwork for 1.5% or less on MM for a low balance account for a couple years. I’d definitely de-risk the account. If you want to take a small chance and eeke out a little extra, 100% Total Bond isn’t terrible considering how far NAV has fallen and the prospect of rate cuts on the horizon.
Assuming there’s no tax due it would be worth the hour or so of time for me to do for an extra $1500. Others may feel differently.
Statistics: Posted by er999 — Wed Jul 31, 2024 6:25 pm
