I know these are oldfashioned and interest rates horrible, but is anyone going to the trouble of doing cd ladders for emergency funds?
I have always wanted to do this for psychological security reasons and am still drawn to it, horrible interest rates and all. Thinking of starting to do this at Ally.
Is anyone else doing this, and if so, why? The why nots are obvious, but if you are laddering cds, why are you doing it, and does it give you psychological benefit?
Thanks!