CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
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Stupid time to buy, blame the federal reserve for raising interest rates so God dam high
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Not a deal! Treasuries are paying more than this for any duration between 1 month and 1 year. Treasuries also aren't subject to state and local tax. Treasuries also can be traded on the secondary...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Treasury bills are a better investment than this. T-bills are paying a higher interest rate than this, so it's an easy decision. If you live in a state or city with income tax, then T-bills are a...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
You're thinking about i bonds
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
This. So long as there's a spread, they'll make money. Competition should drive these rates closer to one another.
Current 30 year mortgage rates, fixed, are around 8.6% of course YMMV.
...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
The above is true for Schwab, and hence the reason I don't use them. Use Fidelity (more clunky web site) - they keep your money in the sweep acct until the T-bill purchase clears for the 3-5 days it...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Better yet, don't buy tbill in auction. Buy it open market and the transaction settle same day.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
…Checks pants pockets in dirty laundry…nothing…checks under couch cushions…ah yes, found some spare millions!!!
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Maybe put $ into something like SGOV
CD 10 month 5.30 APY
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Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Likely because yours is from a company called "Popular Direct" and this one is for a $30B+ publicly traded bank. But maybe I'm wrong?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Roth accounts don't pay taxes. Tax considerations don't come into play when you're investing with Roth money. Treasuries are very safe and thus it might make sense to buy them in a Roth if that...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
The treasury thread is very helpful and detailed. You can buy at auction directly from treasury direct or from a brokerage house. Buy and or sell on the secondary market from a brokerage house....
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Also $10,000 minimum.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
https://www.credithuman.com 6% APY CD. Easy to become a member if you are not local(see additional eligibility)
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Marcus is 5.5% savings account... Just savings, not cd
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Are you guys referring to treasury bills or bonds?
CD 10 month 5.30 APY
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Thread created 10-19-2023 by JagU6113
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122 Replies
74,185 Views
It's because they can lend it out at 7.5%+
CD 10 month 5.30 APY
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Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
yes, all these millionaires are here looking at SLICKDEALS…
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
So can someone recommend a good treasury to invest in right now?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
FYI: For local residents only, and not FDIC insured. Any legal workaround way to join?
What Is the Member Qualification Criteria?
There are four ways you can be eligible to become a member at...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
like the idea, timing your bonds/CDs....
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Where can i find out more about this? im an absolute newbie whos simply put money into a roth for the last decade but looking to expand and like the idea of not having money locked up at the present...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Paid off my 1M new home to save 6% interest rates, so still doing better.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
which symbol are you recommending at fidelity?
If you do nothing, fidelity parks your cash in spaxx
SPAXX:
7-Day Yield
AS OF 10/19/2023
+4.98%
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
How does one get started with buying treasuries outside Treasury Direct without a fee? New to this and would like to get set up. Thank you.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
No credit Unions are FDIC insured. They still have the same protection.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
How is capitalone as a bank I have chase and thinking about leaving
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
If you consider t bills bonds then yes since no state tax on bond coupons and interest.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
You’d be better off with T bill ladder. Why lock away cash for 10 months for 5.3% when T bills make that or more for shorter term PLUS you pay no state taxes!
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
I’m using SGOV as well.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
I'm not missing that part at all. As a retiree, I'm not necessarily chasing the highest rates, month to month. If I can lock in a guaranteed 5% for five years (or whatever term), I'll gladly forgo...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Its currently at 5.58% for 6 months tbill.
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
No kidding, Sherlock
That is how banks make money
On the spread.
And your point is?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Question for experts, t-bill is around 5% every 3/months so if I buy 100k, I would receive 5k every 3 months if I kept it & I don't have to pay tax?
NVM, that's not how it works. You buy it at the...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
Want brokerages do you recommend for T-bills ?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
When interest rate increases, the stock normally goes down...
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
5.5 is available through the Schwab CD finder, or even better yet a 5.7 but it’s callable half way through the 1 year term
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
That looks interesting. Are T rates a little lower than doing it yourself? And is this exempt from State/Local taxes?
CD 10 month 5.30 APY
Expired
Thread created 10-19-2023 by JagU6113
+81 Score
122 Replies
74,185 Views
But what about the 2022 Dip? Turning $1mm into $2mm in 3 years feels like what a hedge fund manager strives to do, not your average Joe investing in the S&P 500 Index Fund.
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