Quote:
Originally Posted by tabs
3 Moth T Bills $$ cost avg in monthly...4.27 %..safer than anything else...3 month horizon of risk...then you get you $$ back to repeat..
NOTHING ELSE IS AS SAFE AT THE MOMENT..
Blow me wt the FDIC...i bin through that in 1990...not enough money to cover a run...it is a placebo..
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Tabs...please educate me.
Do you buy your T bills at Treasury Direct? Do you bid non-competitively? Do you buy a particular dollar value at any one time (I know there is a min and max).
Since rates are high, wouldn't a longer term (like 6 months to a year...or even longer) be a good bet (expecting lower rates eventually)?
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