Caroline Baum publishes an annual column on what really happened with the Pilgrims and Thanksgiving. I invite you to check it out.

Thanksgiving Story Resonates in Year of Crisis

Happy Thanksgiving!!! May you and yours be blessed.

cd :O)

CD Rates on terms of 2-years or less have been trending down. For about a week after the last rate cut, there wasn’t much movement. However, as it looks like the Fed Funds will remain low for sometime and some have predicted it may even go to 0.5%, the CD Rates have been going down.

A couple of weeks ago we had a 1-year CD rate at 4.40% APY. Today the highest is 4.25%. On the 2-year, we had a 4.50% APY and today it is down to 4.45%. The 3-year and longer rates seem to be holding. The 3-year rate of 5.00% APY remains good as does the 5.25% at 5-years.

As we get closer to the next Fed Meeting, look for rates to come down further. The next meeting is December 16. As it is, the yield curve between the CD Rates and Fed Funds is quite steep.

BankVibe is a new site posting some of the highest CD Rates.

cd :O)

PS — Are you looking for some investment tips. Check-out Smart retirement investing tips for beginners.

Apparently Fortune Magazine did an article on HENRYs. I have never even heard this term. It means High Earners, Not Righ Yet. One of my favorite bloggers has a good discussion going on. Head on over, check it out, and leave your point of view.

The dicussion centers around who should be making the decision about spreading your wealth. You or the Gov’t. Naturally, I believe I should.

HENRYs, are they getting it all wrong

You may find this Asset protection guide helpful.

cd :O)