Treasury Bills are usually issued on the same day each week, making it easy to re-invest T-Bills at maturity. Someone brought up a good point – what if that day is a holiday? Reader Dan pointed out that the Treasury already thought of that, and adjusts the issue and/or maturity 1 day accordingly. For example, 4-week (28-day) T-Bills are usually issued and matured on Thursday, but next week Thursday 11/24 is Thanksgiving. So, the T-Bill issued on 10/27 is actually a 29-day T-Bill, maturing on Friday 11/25. Accordingly, there is a 27-day T-Bill scheduled for issue on that Friday too. They all match up, so at least that’s one less thing to worry about.
I’ve also added a new category devoted to Treasury Bills and Bonds and moved all related entries there.
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I’ve been following this blog for a couple of months now. I’ve gained some good ideas that I can add to my personal financial toolkit.
It would be interesting to know the blog creator’s opinion of Everbank’s Market CD’s one of which is based on the price of gold and the other on the S&P 500, the latter not being a good bet in my opinion.
Also, instead of investing in depreciating paper, what about a portion of assets in precious metals like gold and silver? What about commodity based index funds? The returns on stocks over the next 10 to 20 years may not be much better than a higher interest bank CD.
The national debt now stands at over $8 trillion, and increasing every month. The real inflation rate is at least 6%. I am a lab manager for an university and just about everything I have purchased has gone up at 6% to 12% for the year. At restaurants, CiCi’s Pizza, Subway, and a regional burger chain have raised prices at least 6% or more. Inflation could get ugly.
I expect gold and silver to rise much and provide a much better return than government paper. I know commodities have a bad rap, but like other investments, it is cyclical.
I enjoy this blog and it provides a great service, but the author should perhaps consider some other investment vehicles other than US government paper.
Thanks for reading my blog! I haven’t looked at the investments you mention very closely, but the reason I am investing in government treasuries is that I am saving for a house downpayment in less than 2 years, which I want to put in safe, liquid investments. Government-backed is about as safe as you can get.
While commodities may be a smart part of a balanced portfolio, I believe them to be too volatile for my current goals. Commodities have historically underperformed stocks, and although certain people believe what you say about the long term future of stocks, I do not. I certainly don’t think precious metals will outperform stocks in the long run.
I just wanted to add I am always open to new investments ideas, if the risk/reward ratio is right =)
As for the Everbank stuff, I’m not an expert but I don’t really see any of them as being a screaming deal. You seem to get most of the volatility(risk) and not all of the reward.