I haven’t tried it out with the rollover yet but why would you lose interest? You mean betweek the expiration date and the new auction?
It seems with Schwab you will lose a week of interest. With Fidelity and Treasury Direct you do not lose any days of interest. Maybe someone here can tell us this is true. https://www.bogleheads.org/forum/viewtopic.php?t=387959
Guess it's time to use Fidelity instead of Schwab. Annoying. Thanks for posting
Latest auctions.4 week - 3.688 weeks - 3.9513 weeks - 4.1717 weeks - 4.40
Can anyone direct me to a a step by step, on how to purchase treasuries?
Robinhood Gold now offers 3.75% interest in your uninvested cash without locking in your money.Beats any CD or any high yielding savings account.
Popular Direct raised the APY to 2.5% on Oct 24 and I just got an email that it's up to 3.25% effective Nov 8
And it's not a real bank.
True. But it is FDIC insured (supposedly).
-1 You are assigned to one of their banks with FDIC insurance.
Can anyone please help me learn how to purchase short term treasuries within an IRA account?
Where is your IRA being held?Short term t-bills today:13 week - 4.39%26 week - 4.72%
JP Morgan. Most of it is in an Index fund.