Goofy -

I have been moving my wife and my cash from Fidelity Money Market funds into individual bank CDs offering great terms and are FDIC insured. I've created CD ladders at 3,6,9,12 month intervals. I had a difficult time purchasing some of the CDs. When I queried Fidelity CD offerings, the list said that there were say 60 CD's being offered with that tranche. By the time I selected that CD, entered my purchase quantity, built other elements of the CD ladder = poof, one or more of those CDs were sold.

We also have accounts in the name of Revocable Trusts for my wife and I which extends our FDIC coverage as well. We have accounts at Ally Bank which offers some nice CD rates under both our names individually, joint accounts, and trust accounts. Those three different ownership methods provide us with the FDIC coverage that we need at Ally.

We don't own ANY stocks at the present time. I'm patiently waiting on the sidelines for some extreme financial weather event to happen, then I may jump in with some cash. Don't really need the added risk though. Our financial plan is pretty conservative and we should have the necessary cushion just by LBYM (as we pretty much always have done) and sticking with NOT losing any money in the stock market ;-)

Cheers,
'38Packard