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Personal Finance and Investing

mahatmakanejeeves

(61,653 posts)

1. T-bills, at Treasury Direct. Duration? Just about whatever you want.

Reply to 58Sunliner (Original post)

Thu Aug 1, 2024, 11:10 AM

Aug 2024

https://www.treasurydirect.gov/

Ladder them so that something matures every week. That is, don't take all the money and buy one 17-week T-bill with it, for example. Split it up into 17 parts and buy one 17-week T-bill this week and another 17-week T-bill with it next week and so on.

The interest is federally taxable, and you can withhold as you go. The interest is exempt from state taxes.

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I pulled my money from the market and now am looking at where to put some short term. [View all] 58Sunliner Aug 2024 OP

T-bills, at Treasury Direct. Duration? Just about whatever you want. mahatmakanejeeves Aug 2024 #1

Thanks, I'll check it out. 58Sunliner Aug 2024 #2

Keep in mind that the interest quoted on the TreasuryDirect site is ANNUALIZED A HERETIC I AM Aug 2024 #9

Money Market Mutual Funds Abnredleg Aug 2024 #3

I am considering them. Thanks. 58Sunliner Aug 2024 #4

high gain or low risk? lapfog_1 Aug 2024 #5

Can I have both please? LOL. I sold off 3 weeks ago, wish I had done it 4-5 weeks ago! 58Sunliner Aug 2024 #6

If I had time to be a "day trader" I could have made a bundle yesterday lapfog_1 Aug 2024 #7

I was watching NVDA and kick myself for not catching the fall in the after hours!! 58Sunliner Aug 2024 #8

I'm using Allspring Ultra-Short-Term Bond Fund..... lastlib Aug 2024 #10