Kona:
You can also use treasury direct to purchase US Treasury Bills and Bonds. https://www.treasurydirect.gov/indiv/pro...oducts.htm . The interest rates change based 2,3,5, 7 and 10 year maturity.
I will use my own case as an example. YMMV depending on what you are trying to do. My mum has dementia and will be going into a home. She will need money on a regular basis. I am using a laddered approach so that the money is available:
10% 6 month US Treasury
10% 1 year US Treasury
10% 18 month US Treasury
10% 2 year US Treasury
10% 3 year US Treasury
10% 4 year US Treasury
10% 5 year US Treasury
10% 6 year US Treasury
10% 7 year US Treasury
This type of setup allows for the money to available when needed and rolled over when expired. We are in an economic environment of rising interest rates. This will allow for repurchases of expired bond as interest rates rise.
You can also use treasury direct to purchase US Treasury Bills and Bonds. https://www.treasurydirect.gov/indiv/pro...oducts.htm . The interest rates change based 2,3,5, 7 and 10 year maturity.
I will use my own case as an example. YMMV depending on what you are trying to do. My mum has dementia and will be going into a home. She will need money on a regular basis. I am using a laddered approach so that the money is available:
10% 6 month US Treasury
10% 1 year US Treasury
10% 18 month US Treasury
10% 2 year US Treasury
10% 3 year US Treasury
10% 4 year US Treasury
10% 5 year US Treasury
10% 6 year US Treasury
10% 7 year US Treasury
This type of setup allows for the money to available when needed and rolled over when expired. We are in an economic environment of rising interest rates. This will allow for repurchases of expired bond as interest rates rise.