4 ms·
This. The website for buying treasury products is straight out of the year 2002. The login is so bad I would never consider buying them there - the service fee
by Our_Benefactors 1y ago
This. The website for buying treasury products is straight out of the year 2002. The login is so bad I would never consider buying them there - the service fee charged by brokerages is absolutely worth it in this case.
- ryandrake 1y agoWhich brokerages charge fees for purchasing US Treasuries? Schwab definitely doesn't. Really the only reason you need TreasuryDirect is for buying Series I bonds (and maybe a few other niche Treasury products), which are not available through brokerages.
- aianus 1y agoSchwab folds their fees into their bid/ask spread, they're not doing it for free.
- teiferer 1y agoMakes it obvious which lobby has a hand in this, doesn't it?
- PaulHoule 1y agoBack when interest rates peaked around that period I bought a huge number of I bonds which were a great investment —- got fired by my broker because I interrupted a sales presentation with “why don’t I just buy I bonds?” Back then I thought Treasury Direct was great.