CD
I would like information about cedar cds or cdar cds. Why do some banks not offer this?
Terry Says
Gosh, I wrote about this concept many years ago when it started. Here’s an updated article about CEDARS:
https://smartasset.com/financial-advisor/cdars
This is merely a way of moving CD money from bank to bank to get the highest rates and say under the insured level. You could do it yourself, but it’s time consuming. I personally prefer Treasury bills, which are IOUS directly from the US government. Read this: https://www.terrysavage.com/t-bills-beat-cds/