>2 Month T-Bills are now paying 5.5%If you have 50k you can be making close to 1400 a month in maturity. Why aren't you doing this?
>>56136872>le trolle posteit's 5.5% for the entire year
>>56136881>he's not 6x levered long 2-month t-bills
Been buying tbills all year AMA
>>56136872Chinks are selling them to buy physical gold, 5,5% is insane for 2 months, people are expecting them to lower the rates but I think they will raise rates even further, fucking their economy but fucking over other countries economies even further.
I don't understand
>>561368725.5% annualized obviously. Still a solid investment desu for <20% of your portfolio.
>>56137003You cam get fucked if the fed decides to do fuckery.
>>56136872you get 485 retard
>>56136872It's not per month It's per two months5.5/2=2.75% per month Don't listen to Nazis
I used some calc a couple months ago for T bills and if I dropped 10-20k (which is a shitload for me) and waited out the maturation I would make less than 500 or something like that. Basically the profit wasn't worth it for the amount I was spending. I assume T bills are best for people willing to spend a lot and not small fries
>>56137092They're a "it's better than letting it sit in a savings account" option.
>>56137028Thats still $2k a month on a $500k bag. UBI for the rich.
how do retail investors buy tbills
>>56137142Goto the Treasury Direct website.
>>56136911do you enjoy not keeping up with inflation?
>>56136881Nope it’s for two months. Cope harder
>>56137352yep the federal government pays higher interest than the APR on your nigger tier amex card
>>56137352no the yield is annualized, so a 2 month would yield less than 1% if held to maturity.
>>56136872its a trap dummy
>>56137127is it though? most banks pay a 4-5% interest on savings accounts.it's also insured (up to a certain amount) so it's also risk free.
>>56137434what do you think the banks are doing with your parked money. btw silver bank got fucked doing something like this but the fed changed the terms with raising rates or something
>>56136872>>56137076>>56137352bizraelis always continue to set the bar lower and lower. you cant be this retarded.
>>56137326Yes. I’m arbitraging my 3% mortgages and maintaining high growth for a completely liquid investment
>>56137352Hi, what does APR mean? Thanks
>>56136963Please refrain from voting in any election in the future
>>56137076i thought jews were smarter than this
>>56137434No they don’t. Chase bank pays 0.01% and many regional banks pay 0.01% in savings. I use Goldman and they do 4.30% I think, but most aren’t that high.
>>56137741>chase pays 0.01% This alone should get most people to consider switching away from chase. That’s fucking ridiculous.
>>56137092T-Bills and bonds are only bought by boomers. They're actually riskier than stocks and worse than savings accounts right now.
>>56136872>>56136881>>56136895>>56136897>>56136911>>56136963>>56137003>>56137028>>56137031>>56137049>>56137076>>56137092>>56137127>>56137133>>56137142>>56137315>>56137326>>56137352>>56137382>>56137392>>56137403>>56137434>>56137460>>56137487>>56137689>>56137693>>56137697>>56137723>>56137741>>56138398>>56138566Sorry for the mass reply, but you're all fucking terrible at this game. Your plan should be to park money into a 5.25% MMF at a brokerage that also lets you use that parked money as cash collateral. If you don't know what to do with a big pile of cash collateral in a brokerage account, don't reply to my post.
I'm holding T-Bills with my savings and I'm earning like $4000 a monthIts surreal, I might never have to work again. The only downside is that I used every last cent, and I don't own a condo or a house.
Am I retarded or is it 0.92% you'd get?
>>56138631You have a million dollars in savings? Rad.
>>56138756Yeah, you dont?Bitcoin was released 14 years ago dude, we sold the top years agoAlso read what I said, I DONT OWN ANY PROPERTY
>>56138616Sounds complicated, stacking physical silver is so much easier and the gains are going to be massive soon.
>>56138803you sound like a faggot tho
>>56138616Getting 65% of all stocks + cash value in Merrill via LMA at 8.01% APR
>>56138842why not stack gold? Silver is manipualted to death by US GOVT / JPM, they never going to let market dictate true price
>>56138880>A decline in the value of your collateral assets may require you to provide additional funds or securities to avoid a collateral maintenance call. You can lose more funds than are held in the collateral account. The LMA account is a full-recourse loan and you will be liable for any deficiency.Good luck anon
>>56136872>>56136881>>56136911>>56137028>>56137076It's unironically impossible to buy t-bills. Literally the most complicated process I've ever tried to do. Spent 8 hours making an account and trying to figure it out but failed. Basically you need to be a 150 IQ genius to buy this shit. Fucking government making shit overly complicated for no reason.
>>56138925Hire someone retard
>>56136872This fucking retard again kek
>>56136872Very cool. Reminds me of the interest that Greece was paying when they started to go bankrupt. High rate = junk bond, the federal government is no exception.
>>56138925It’s a shitty website but it works. Just slow down and follow the instructions. There’s also tutorials on YouTube.
>>56138931If I was rich enough to hire someone I'd be smart enough to just buy them myself. I give up
>>56138946You're insane. I watched so many videos and read step-by-step guides and still couldn't do it. It's literally impossible for the average person such as myself.
>>56138900>Silver is manipualted to deathPrecisely because of that. It's manipulated down so aggressively it makes it extremely undervalued and you should hoard as much as possible.
>>56138955It works for my boomer mind.
>>56138955they expect one of us in the wreckage brother
>>56138925fucks sake just buy them at vanguard if you can't manage that shitty website
>>56138963Where to securely buy physical silver that doesn’t absolutely rape you with premiums? I don’t like going to /pmg/ to ask questions about this stuff. They’re… strange.
>>56138921Ironically I never actually used the LMA cuz I worry about this exact scenario. Feels good to have though. Currently most of my cash is sitting in Merrill's Preferred Account getting 5.05% interest, boosting my LMA available amount.
OK lads what does the math look like.?47K at 5%2,350 $ per year? I can't live on that f.a.m.
>>56139034Have tried $2million?
>>56138631>he didn't save anything for federal taxeslol. lmao even
>>56138925>can't follow simple directionsI thought all the nigger posting was supposed to keep you out.
>>56138616What MMF are you using? Right now vanguards settlement fund returns 4.3% or something. I was looking for somewhere that I could use it as a checking account. Spoon feed me bro, I’m tired of searching.
>>56138925It used to be worse
I've been considering putting aside my taxes into a bond portfolio that expires in march, just before paying. Instead of giving a loan to the gov, make the gov pay interest to me.Anyone with experience doing this?
>>56139293Is there any advantage to going to the source instead of the secondary market with a broker?
>>56139297penalties versus extra yield, easy math
>>56139314No, that's stupid. I mean instead of withholding out of a pay check.
>>56139304Well in my case, this is the only way I know how and trust. Logging in is kind of annoying. They assign you an account number that needs to be written down, then they email you an OTP you have to copy paste, then you have to enter in your 12 character password.
>>56139360How easy is it to sell them?
>>56139370It only takes a few minutes.>Click BuyDirect and select T-bills>Select term (4, 8, 13, 17, 26, 52 week).>Enter the amount >They take out the amount minus the interest from your bank account>They put the amount back in when it matures.You can also set up automatic re-investments to just keep putting the money back in.
>>56136872You have to pay taxes on your earnings, so the 5.5% is closer to 4%.
>>56139304Broker inevitably charges a fee which cuts into your return. In the case of fidelity money markets and the like it’s a treasury portfolio so in a rising rate environment like this you’re never getting the top yield. Right now tbills are paying higher yields over shorter periods than any bank is offering on CDs or money market accounts, and with no strings attached
>>56136897>>he's not 6x levered long 2-month t-billsI mean corps did for years borrowing at 0-1% and got a risk free like 2% and some change.Right now I have a bunch of credit card debit not doing anything. I could buy like 10,000 worth and then balance transfer it to another card so the interest is only 3%. I'd get like 2.5% free money. You just ladder the T-bills so you can pay the monthly payment on the 3% CC debt. Of course this wouldn't take a lot of work or effort mostly automated payments after the initial work but I'd only make like $250 in the year. Kek
>>56141279>Monthly adjustable rate loan for fixed rate return
>>56141287>>56141287Except its not? 3% fixed APR for 12-21 months usually on the balanced transferred credit card debt amount which means you ladder the T-bills to pay the amount down within the allotted time frame of your 0% APR intro period.I swear no one on /biz/ understands even basics of credit cards.