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AlexCornila | 1 year ago

yeah but if I get a 4.25% FDIC insured I’ll prefer that and take the 0.75% loss. https://www.crisesnotes.com/i-got-the-fed-to-release-its-201...

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dawnerd|1 year ago

You can get higher than that w/ fdic too. I use wealthfront and it's been great so far. Currently 5%

fshbbdssbbgdd|1 year ago

What’s the FDIC going to do for you when the treasuries it uses to hold its own funds are in default?

AlexCornila|1 year ago

FDIC is going to return my funds defaulted treasuries are not required to do so

sam2426679|1 year ago

Holding t-bills means you pay neither state nor local taxes, so the net difference is likely larger than 0.75% depending on where you live.

ashconnor|1 year ago

Is it possible to buy t-bills whilst avoiding the Treasury Direct website?