Started By
Message

re: Bought US Treasury 1y

Posted on 10/21/22 at 1:40 pm to
Posted by slackster
Houston
Member since Mar 2009
85485 posts
Posted on 10/21/22 at 1:40 pm to
quote:

Could have done Treasury direct if not retirement money


I’ve never met a soul who purchases T-bills through treasury direct, but yes, it is possible.
Posted by thelawnwranglers
Member since Sep 2007
38922 posts
Posted on 10/21/22 at 2:00 pm to
quote:

I’ve never met a soul who purchases T-bills through treasury direct, but yes, it is possible.


I would be uncomfortable site is weak
Posted by tokenBoiler
Lafayette, Indiana
Member since Aug 2012
4445 posts
Posted on 10/22/22 at 2:09 pm to
quote:

I’ve never met a soul who purchases T-bills through treasury direct, but yes, it is possible.
I did it last week with a minimal amount, just to walk through the process. It isn't bad if you already have an account, but I don't know if it's worth it to create an account just for normal treasuries. One advantage to treasurydirect is that transactions are free.
Posted by TeaParty
Member since May 2022
935 posts
Posted on 10/22/22 at 2:18 pm to
Curious. My only avenue I am aware of is either TD Ameritrade or Treasury Direct.

TDA has a minimum purchase of 5 so just under 5k. Tres. Direct has in $100 increments.

New to the bond, bill, note world. I did buy I-bonds thru Tres. Dir. and all is well and the purchase via web site was good.

Now the curious part. Is there a reason other than where you have money parked that Treasury Direct is not being talked about as a place to buy. (EDIT- Found a video and it looks like selling a T-Bill is a pain and very drawn out.)

Now a question , with Powell likely to raise rates again and probably again. Would buying very short term like 4 weeks then repurchasing after the next hike be in play. Or is the difference not enough to offset the State Taxes that would be due.
This post was edited on 10/22/22 at 3:44 pm
Posted by Rick9Plus
Baton Rouge
Member since Jul 2020
1760 posts
Posted on 10/23/22 at 5:24 pm to
quote:

I’ve never met a soul who purchases T-bills through treasury direct, but yes, it is possible.


I just opened an account for ibonds. It actually wasn’t too bad. I read that to lock in the 9% rate, the transaction had to be complete with a confirmation email by the 28th, and i was afraid that going through a third party may slow it.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram