My name is Frugalson, and I am a Penfed-oholic
This week, I put my money where my mouth is and shifted some cash into a 5 year Penfed CD @ 6.26% APY. In fact, I even convinced Mrs. Frugalson to put a bit of her cash in a Penfed CD too.
I now have a 5 year CD ladder with an average yield of 6% invested as follows:
- World Savings: 15 month CD @ 6.01% APY
- E-LOAN: 2 year CD @ 5.75% APY
- Penfed: 3 year CD @ 6.00% APY
- Penfed: 4 year CD @ 6.00% APY
- Penfed: 5 year CD @ 6.25% APY