treasurydirect dot gov

[duck__dodgers]

Throwing this out as a separate thread related to this thread..... https://bobistheoilguy.com/forums/threads/bank-cd-problem.377272/unread

If you are looking for somewhere to park your short-term cash, check out treasurydirect.gov

You open your own account directly w/the Dept. of Treasury and then buy your own government debt...no middle-man.

Won't be for everyone depending on your threshold of dealing w/another password, financial needs, knowledge of difference of T-bills v. bond, the yield curve...., etc.

Just throwing it out for people who don't know about it. (but depending on your needs, the better alternative might be a short-term debt ETF via a Vanguard/Fidelity, etc. account).

And of course this being an internet forum, shout out to all the gold, silver, crypto, classic car fans out there.

 

[reemoeMO]

Good option. But for short-term earnings on your cash, it's hard to beat the safety, yield and liquidity combination of Vanguard's Federal Money Market Fund (VMFXX). It is currently yielding 5.3%, with a miniscule 0.11% expense ratio. Can link your bank account so that future investment and redemption can be made with the click of a button.

Vanguard Mutual Fund Profile | Vanguard

investor.vanguard.com

 

[zzyzzx]

If you already have a brokerage account there is no need for treasurydirect.com

 

[eljefino]

I got an account back when I-bonds were paying 9+%. Don't think I could have gotten those through a broker.

The website is plesantly 1999 vintage as well.

 

[zzyzzx]

I got an account back when I-bonds were paying 9+%. Don't think I could have gotten those through a broker.

No I-bonds through a broker correct. I was referring to regular TBills.

 

[Pablo]

If you already have a brokerage account there is no need for treasurydirect.com

This. Fidelity is so much easier.

Plus no limits, plus it's just better, faster, easier, more liquid to go MM or SGOV right now and the rates are so close.