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re: Capital One 360 Performance Savings - UPDATE: 4.35% APY as of 12/11/23
Posted on 3/9/23 at 11:06 pm to 98eagle
Posted on 3/9/23 at 11:06 pm to 98eagle
quote:
I don't believe it is very smart right now to invest in short term treasury bills. If the debt ceiling is not raised the Treasury will not be able to pay all of its massive obligations, which include maturing T-bills.
In the (VERY) remote possibility that the United States Treasury defaults on its debt obligations for any lengthy period of time, there’ll be much greater things to worry about than some missed interest payments. That would make 2008-09 look like a picnic on a sunny day.
If you’re truly concerned about treasuries, you might want to empty your bank account too… with the ensuing bank failures and freezing up of the financial system, you might as well forget about the FDIC as a going concern.
I’ve got plenty of deer out at my place. So I’m willing to share the venison with any of you fellers.
Posted on 3/9/23 at 11:15 pm to Jag_Warrior
quote:
If you’re truly concerned about treasuries, you might want to empty your bank account too… with the ensuing bank failures and freezing up of the financial system, you might as well forget about the FDIC as a going concern.
Agree. I'm off to rewatch some old episodes of Doomsday Preppers, LOL.
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