Quote:
Originally Posted by Boomer
Well, manaboutown, looks like it’s time for me to buy some T-Bills, too, but I have never done that before.
There are some limitations aren’t there, like amount that can be bought and time they must be held?
How do I buy T-Bills? I want to put some cash to work in a safe way. Are T-Bills it?
(Cliff’s Notes instructions or a link would be appreciated if someone would not mind doing a tutorial.)
Boomer
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You can buy T-bills from Vanguard, Fidelity, Schwab, or directly from the U.S. Treasury. I would recommend one of the first three. There is no limit on the amount you can purchase.
I prefer to use the Vanguard Short Term Bond Index fund for that type of investment, not individual notes, bills, or bonds. The current yield is 4.65 percent. Very safe, but your principal can go up or down.