Friday Reading: Work Cliff

By Harry Sit

Although the fiscal cliff is behind us for now, I’m suffering from a work cliff. After taking off 10 days for holidays, my work load increased by an infinite percentage. Too fast, too soon! Where’s my relief?

I get relief from reading these articles:

PenFed Increases CD Rates Again – Top 1-, 2- & 3-Year CD Rates by Ken Tumin at DepositAccounts.com

Very good 2-year and 3-year CD rates at 1.6% and 1.85% respectively.

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What to Do When a Gift Card Won’t Work by Michael at Financial Ramblings

It never happened to me but it’s good to know just in case.

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Recapping 2012: The year in TIPS by David Enna at TIPS Watch

2012 was a great year for TIPS. The great return comes from interest in future years prepaid to you now. Grab the money and go? Where?

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Larry Swedroe Positions For 2013: Resist The Temptation To Stretch For Yield at Seeking Alpha

Stretching for yield in long term bonds actually worked very well in recent years despite all the warnings. Will 2013 be the year it stops working or another year that defies the experts?

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Optimizing Fixed Income Portfolio by Michael at Long-Term Returns

$160,000 in an intermediate-term bond fund turns into $120,000 in 3-year CD and $40,000 in EE bonds for a better yield at a similar maturity and duration with better guarantees and lower interest rate risk. Nice!

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