I have a cd thats expiring Monday holding 8 grand which is my emergency fund. It pains me to renew. Would you instead purchase NYB now at this lowered price? The dividend blows away any Cd.I don't even bank on the stock going up.My stock picking history and timing is not the best. Thanks.
If it's your emergency money you should be a little more conservative and put it in a utility like DUK or SO. They're not at 8% like NYB but I think a they're little less risky and better yield than a CD.