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+--- Thread: Most straightforward way to buy T-bills? (/showthread.php?tid=100243)
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Most straightforward way to buy T-bills? - Ted King - 07-14-2010
The subject header pretty much says it. I've got a fair size chunk of money I've decided to put into Treasury Bills, but I'm not sure about what the best way is to get them. Are there usually fees involved that you have pay someone to purchase the bills? I called my credit union and a local bank where we have our safe deposit box and account for our mortgage payment, but neither of them sell Treasury Bills "over-the-counter".
Re: Most straightforward way to buy T-bills? - jawg - 07-14-2010
http://www.treasurydirect.gov
Re: Most straightforward way to buy T-bills? - archipirata - 07-14-2010
Call the Chinese and see if they have a few extra. The own most of them anyway.
Re: Most straightforward way to buy T-bills? - mattkime - 07-14-2010
curious why you're choosing that over a money market savings account.
Re: Most straightforward way to buy T-bills? - DP - 07-14-2010
I know a really great charity for that fair sized chunk...
Re: Most straightforward way to buy T-bills? - tenders - 07-15-2010
He wants a higher yield, doesn't need daily liquidity, doesn't expect rates to go up soon, and may perceive Treasuries as safer than money markets.
Re: Most straightforward way to buy T-bills? - Ted King - 07-15-2010
tenders wrote:
He wants a higher yield, doesn't need daily liquidity, doesn't expect rates to go up soon, and may perceive Treasuries as safer than money markets.
:boink:
Re: Most straightforward way to buy T-bills? - Ted King - 07-15-2010
DP wrote:
I know a really great charity for that fair sized chunk...
Well, we have charity chunks and we have savings chunks. I want one chunk of the savings chunks to be a safer investment than our other savings chunks.
Re: Most straightforward way to buy T-bills? - Ted King - 07-15-2010
jawg wrote:
http://www.treasurydirect.gov
I had seen that when I did a Google search, but I wasn't sure it was the most straightforward way to buy T-bills. Thanks.
Re: Most straightforward way to buy T-bills? - mattkime - 07-15-2010
ing direct yields 1.10%, you gotta be lock up that money for more than 3 years to do better than that.