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Online CD Accounts + a 10-Month Special CD Rate | Capital One 5.1% APY
Created 04-22-2024
at 07:20 PM
by sfeshaw
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But, then again, you can just buy bills and have the ability to sell anytime with advantageous tax treatment.
But, then again, you can just buy bills and have the ability to sell anytime with advantageous tax treatment.
That, combined with liquidity in the secondary market and high yields. Just stick with the bill.
That, combined with liquidity in the secondary market and high yields. Just stick with the bill.
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You'd get the best pricing on Interactive brokers since they use trade web and market axess on the backend, Schwab has good pricing on treasuries, other bonds not so much. Fidelity has good pricing on treasuries, and will screw you heavily on other bonds.
By good pricing, I mean the closest price to the actual price the security trades at.
Basically, if you're buying and selling treasuries, any of the guys above will work well. If you want to venture into other bonds, you have a much tougher choice.
You'd get the best pricing on Interactive brokers since they use trade web and market axess on the backend, Schwab has good pricing on treasuries, other bonds not so much. Fidelity has good pricing on treasuries, and will screw you heavily on other bonds.
By good pricing, I mean the closest price to the actual price the security trades at.
Basically, if you're buying and selling treasuries, any of the guys above will work well. If you want to venture into other bonds, you have a much tougher choice.
Otherwise, brokerage is by far the best options. Buy and sell new issue and secondary, and of course invest in other bonds. Easier, and you can see gains and losses in real time.
0% Balance transfer with a fee of 3% - 5% into a checking account, earn 5.1%, make the minimum payments on the card until your CD matures. Pay off balance on maturity, and make the difference from the financing rate and return on the CD. Interest rate arbitrage.