CDs less stressful for this worrier

Yields sign with arrow pointing up and dollar sign

I said goodbye to the equity market in 2007. I’d turned 60 and couldn’t handle the stress anymore.

But now, saddled with CDs yielding next to nothing, I wonder.

Is it time to reenter the market and climb the "wall of worry" one more time?

In financial parlance, a market climbs the wall of worry when, in the face of negative economic and geopolitical news, prices keep rising. That certainly describes what’s been happening lately.

I confess there’s a certain thrill associated with ascending the worry wall. It’s like soaring in a hot air balloon -- or perhaps more like sky diving. (Of course, I’ve never done either, so I don’t really know.)

Moreover, there’s my reputation to consider.

What will people say if I squander this golden opportunity to participate in the Next Great Bull Market by seeking the safe haven of CDs?

Yet Ben Bernanke wants me to put my money in equities. What better reason could there be for staying in CDs?

In truth, for me, nothing has changed since 2007 -- except that I’m four years older and more risk-averse than ever.

I have a hard enough time stomaching CD investing, where I climb my own self-constructed wall of worry.

No sooner do I click "submit" on an online application then I start second-guessing myself.

Should I really have selected that 36-month maturity (and its 2.00% APY) or gone with the 12-month CD and its 1.25% APY?

Shouldn’t I have kept my money in a savings account awhile longer, waiting for a change in monetary policy?

Why did I abandon my TreasuryDirect account for multiple CD accounts?

If simple CD investing has me rattled, am I really cut out for the "risk-on" trade?

Besides, there’s one good thing about CD investing: less jargon to learn.

I’ll stay put.

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