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You can find the most recent auction price for all kinds of treasury at treasurydirect.gov: https://treasurydirect.gov/auctio...a-results/
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
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Quote
from KingUltra
:
No point to bring up Treasuries ( with their 10K limit) in every CD thread.
We know that everyone on SD is rolling in cash, and don't qualify for the Tesla Tax rebate.
I-Bonds have a 10k limit but treasuries have no such limit.
No point to bring up Treasuries ( with their 10K limit) in every CD thread.
There are more other treasury investments other than I-bonds. Without any limit. and yes, the poster is correct that it's most likely a better investment.
There are other kinds of treasury. The current best deals are 4, 6, 12 month bills, all close or above 5%. See the current market price at tradingeconomics: https://tradingeconomics.com/unit...bond-yield
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Quote
from nigori
:
can you elaborate on this and link something for us?
You can find the most recent auction price for all kinds of treasury at treasurydirect.gov: https://treasurydirect.gov/auctio...a-results/
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
You can find the most recent auction price for all kinds of treasury at treasurydirect.gov: https://treasurydirect.gov/auctio...a-results/
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
How do I buy on fidelity
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https://treasurydirect.
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
US Treasury 6m 5.02%
US Treasury 9m 5.01%
US Treasury 12m 5.03%
US Treasury 18m 4.94%
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Our community has rated this post as helpful. If you agree, why not thank mnsweeps
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We know that everyone on SD is rolling in cash, and don't qualify for the Tesla Tax rebate.
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Our community has rated this post as helpful. If you agree, why not thank zjs2k
https://tradingeconomic
Our community has rated this post as helpful. If you agree, why not thank zjs2k
https://treasurydirect.
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
... I wish that was a problem I was having.
It is likely it'll be higher because Fed will raise rate higher to combat inflation.
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https://treasurydirect.
The best way to buy treasury (bills, notes, bonds, tips, etc) IMO is through a brokerage instead of treasurydirect.gov. You can easily sell if you need the money before maturity. At treasurydirect, you have to transfer them to a brokerage to sell.
Only down side of a brokerage is you have to buy at least $1000 each time. Some has higher limit like $2000 or $5000. Treasurydirect can buy just $100. I use fidelity. You can also buy at Vanguard, Charles Schwab.
One last thing, make sure you buy the "new issues" and there is no fees. When you sell before maturity, you sell on open market which means you could lose money if the current price for your treasury is low, unlike the regular CD "lose 3 months interest".
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Ally invest will let you buy TBills at auction prices.
Most of my "cash" is in 1 month Tbills, tiered. Treasury direct is an archaic website, but makes scheduled purchases easy. I also use my brokerage.
An 12 month Tbill is what this compares to better.
I'm still buying up to the limit in Ibonds for now, too.