3 ms·

This is a dumb question, but how does an individual buy those? Through any regular brokerage?

xnx 4y ago
You can buy direct from treasurydirect.gov . The process is a little clumsy, but still something an individual can figure out.
sroussey 4y ago
Super easy, you buy direct: https://www.treasurydirect.gov/ https://www.treasurydirect.gov/
balderdash 4y ago
yep - just pop over to fidelity/schwab/etc. and you can buy treasuries, you can also buy directly with treasury direct (but its pretty clunky), you just need to do a little management (e.g. buy treasuries, reinvest when they mature) example: https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindividual-bonds|treasury https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindivid...
- tombert 4y ago
  TreasuryDirect's website is pretty horrible, but for what it's worth they actually have the option for automatic reinvestment of T-Bills built in. You can even set the number of reinvestments you want to do, or just have it automatically re-deposit into your bank account when the T-Bill is mature.
tootie 4y ago
I just buy shares of VUSXX from Vanguard. Currently 4.63%. But really, if you have money to invest, you should have a real stock and bond portfolio that's going to beat any savings account.
- neogodless 4y ago
  It comes down to time frame. If you need the money in a short time frame, stocks/bonds are not going to have a high confidence interval in having the same or more value at the time you need it. So, say, saving for a car 3-5 years from now, probably better off putting it in high-yield savings. But a retirement dream home 20 years from now, throw it in stocks and bonds according to an asset allocation[0] you're comfortable with. [0] https://investor.vanguard.com/tools-calculators/investor-questionnaire https://investor.vanguard.com/tools-calculators/investor-que...
defgeneric 4y ago
https://treasurydirect.gov/ https://treasurydirect.gov/

xnx 4y ago

You can buy direct from treasurydirect.gov . The process is a little clumsy, but still something an individual can figure out.

sroussey 4y ago

Super easy, you buy direct: https://www.treasurydirect.gov/ https://www.treasurydirect.gov/

balderdash 4y ago

yep - just pop over to fidelity/schwab/etc. and you can buy treasuries, you can also buy directly with treasury direct (but its pretty clunky), you just need to do a little management (e.g. buy treasuries, reinvest when they mature) example: https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindividual-bonds|treasury https://fixedincome.fidelity.com/ftgw/fi/FILanding#tbindivid...

tombert 4y ago
TreasuryDirect's website is pretty horrible, but for what it's worth they actually have the option for automatic reinvestment of T-Bills built in. You can even set the number of reinvestments you want to do, or just have it automatically re-deposit into your bank account when the T-Bill is mature.

tootie 4y ago

I just buy shares of VUSXX from Vanguard. Currently 4.63%. But really, if you have money to invest, you should have a real stock and bond portfolio that's going to beat any savings account.

neogodless 4y ago
It comes down to time frame. If you need the money in a short time frame, stocks/bonds are not going to have a high confidence interval in having the same or more value at the time you need it. So, say, saving for a car 3-5 years from now, probably better off putting it in high-yield savings. But a retirement dream home 20 years from now, throw it in stocks and bonds according to an asset allocation[0] you're comfortable with. [0] https://investor.vanguard.com/tools-calculators/investor-questionnaire https://investor.vanguard.com/tools-calculators/investor-que...

defgeneric 4y ago

https://treasurydirect.gov/ https://treasurydirect.gov/