A Certificate of Deposit (CD) I opened in August 2023 for a term of 16 months at 5.25% APY is maturing this month. When I opened the account, I only had $5500 on hand, however, felt the rate was so good I could not pass on the opportunity.

I normally use a 60 month term when I set up my CDs (I handle some financial matters for others), however, at the time- wanted the 5.25% APY being offered for the 16 month term. I currently have 4 other CDs, opened with a term of 60 months.

In preparation for the renewal of the maturing CD, on December 5, 2024 I transferred $3300 from my personal checking account to the money market account I maintain with the financial institution where I maintain my CDs.

The transfer to my money market account was due to complete, today, December 10, 2024.

This morning after ensuring the transferred funds had posted to the money market account, I set up the new terms for the renewal of the maturing CD.

I have several banks and savings accounts. I currently have a little over a hundred grand in some type of savings account earning between $276-$286 a month. Most of the accounts that are not CDs are high yield savings accounts. This does not include my business & personal checking and savings accounts.

Based on my research, stock investors with the same amount ($100,000) invested in their portfolios, these days, are not earning the same returns. Theirs are less. I have been researching these numbers for the last 2 years or so and have found these numbers to be consistent.

I get a lot of communications suggesting I should invest the money in other ways. I research a lot. My numbers today show I am doing okay, in fact better than others who are investing the same amount in other ways. I will continue to track this, however, at this time see no reason to invest the money in my savings accounts in riskier areas.

I always liked a sure thing. Even when I had corporate matching funds at my disposal.

My other assets? I normally post the financial data related to only my savings accounts.