At this point I think money in T Bills are as secure as money sitting in any bank. I can let my money sit in money market and make 4.25% or put in T Bills locking in for week making 5.3%. I would buy whatever at this point but nothing is certain.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Since I'm a dummy, help me understand. So I purchase a T-Bill at a 5.2% discount of face value for x amount of time, and am getting a 5.4ish return in that time? So If I'm doing 10k, it costs roughly 9500 at face value with the discount, and I will have 10k ish at maturity? If that's the case it would be better to keep doing the short time, correct? Sorry, just not familiar with T-Bills.
Clark Howard talks about "laddering" your investments but he's talking about money you don't plan to use in the near future. T-Bills are great because your money isn't frozen for long periods of time.
Personally I'm a fan of the 13-week because it seems to be in the sweet spot between tying up your money and a good rate.
One must have faith in the issuer. I’m advising to spend what one has .
With gold and silver, you have a prayer. Fiat paper, nothing but air.
We’ve been waiting for a black swan event and this might be it. We’re also waiting on the second coming of Christ so use caution.
I've been buying T-bills of various maturities for about a year now and no problems except I don't know how to compound unless I buy new T-bills with the interest that's deposited into my bank. Am I missing anything on Treasury Direct that would let me compound?
Tbills are also federally tax free dont forget then when comparing to a Bank CD