3/2 Anybody here buy/sell US treasury bills, notes, etc? I'm wondering
whether I should buy the auctions from etrade or directly through
the US treasury. Treasury direct has a website and online management.
Any positive/negative experiences with either etrade or treasury
direct? Thanks.
\_ What's the advantage of buying treasury bills as opposed to just
savings bonds?
\_ Treasury bills are federal saving bonds, actually. The advantage
is that T-bills have a much larger market (international,
especially places like Japan, Taiwan, China, Hong Kong). So the
prices are almost impossible to manipulate. Thus you don't have
to pay state tax.
\_ the biggest difference between bills, notes, and bonds vs
savings bonds is that it's marketable. You can easily buy/sell
them before maturity in an open market. Can't do that with
savings bonds. |