Savings/investments/bonds Master Thread.

[baron]

Marcus is now 5.4% via referral:
https://www.marcus.com/share/MIR-CJY-4EM7

Only for 3 months

[Dan]

Only for 3 months

Can extend by referring people.

[Yo ssi]

Marcus is now 5.4% via referral:
https://www.marcus.com/share/MIR-CJY-4EM7

Yup got the email as well, although bonds probably yield more.

Can extend by referring people.

I believe the max is 5 referrals per year

[CountValentine]

For those who cashed in I-bonds, how long does it take?

[Realshlomo]

For those who cashed in I-bonds, how long does it take?

Cashed out Sept 1 hit bank Sept 6th.

[herb]

For those who cashed in I-bonds, how long does it take?

2 days

[CountValentine]

2 days

Thanks as it is now showing that.

[4yourinfo]

mybankingdirect just went up to 5.35 with a 5 month cd 5.50

[CountValentine]

mybankingdirect just went up to 5.35 with a 5 month cd 5.50

Rates are having a little pullback, so these are looking good.

[4yourinfo]

Rates are having a little pullback, so these are looking good.

They were just raised last week..

[CountValentine]

They were just raised last week..

Sorry, meant interest rates (t-bills/bonds).

[Euclid]

Sorry, meant interest rates (t-bills/bonds).

Wow 6 month T bill now less than 1 and 3 month
Around 5.3
Still not sure the juice is worth the squeeze to start opening CDs. Prob end up the same place when considering state tax

[4yourinfo]

Turns out Schwabs t bill auto roll waits for the next auction - money can sit a week in their no interest account before the new T bill gets purchased vs. fidelity gets in to the current auction- and any extra money remains in an interest bearing account. Anyone buy with auto roll on Treasury Direct? Apparently, I read the auto roll works like Fidelity - just what happens with the remaining money not needed for the repurchase of the t bill? Goes to your bank? somewhere at TD?

[4yourinfo]

Wow 6 month T bill now less than 1 and 3 month
Around 5.3
Still not sure the juice is worth the squeeze to start opening CDs. Prob end up the same place when considering state tax

17 week new issue tbills were the good ones of late

[Realshlomo]

Turns out Schwabs t bill auto roll waits for the next auction - money can sit a week in their no interest account before the new T bill gets purchased vs. fidelity gets in to the current auction- and any extra money remains in an interest bearing account. Anyone buy with auto roll on Treasury Direct? Apparently, I read the auto roll works like Fidelity - just what happens with the remaining money not needed for the repurchase of the t bill? Goes to your bank? somewhere at TD?

Been using fidelity autoroll works great.

[Yo ssi]

Keeping in mind compound interest which T-Bill is the best performing these days?

[CountValentine]

Keeping in mind compound interest which T-Bill is the best performing these days?

If you tell me which way interest rates will go, I can answer that. Right now, I am still sticking with the 26 week.

[Euclid]

If you tell me which way interest rates will go, I can answer that. Right now, I am still sticking with the 26 week.

I did a 3 month one today because it was the highest rate. I'm regretting it. Was a smaller buy though so not the end of the world

[CountValentine]

I did a 3 month one today because it was the highest rate. I'm regretting it. Was a smaller buy though so not the end of the world

6/mo was slightly higher at 5.494% as 3/mo was 5.446%.
I now have 26 x 6/mo spread over 26 weeks. One each week just rolls over until I decide to go longer terms.

[ExGingi]

6/mo was slightly higher at 5.494% as 3/mo was 5.446%.
I now have 26 x 6/mo spread over 26 weeks. One each week just rolls over until I decide to go longer terms.

I've got some longer term GSEs. And since it's all in ROTH IRAs I dipped my toes a little into low investment grade short term corporates to get some spread over t-bills.