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mahatmakanejeeves

(68,356 posts)
5. What to do with money now
Thu Mar 6, 2025, 05:22 PM
Mar 2025

Full disclosure: I am the last person you should take investing advice from. Now that we have that out of the way:

I’m a big proponent of T-bills. I talk them up in the Personal Finance and Investing forum all the time.

There are auctions every week. You choose the amount. You choose the duration. You can ladder them so that you have one or more maturing every week. You can set them to renew automatically. There is no state tax on the interest.

They are paying about 4.5% now, which is not anything special, but it beats -20%.

https://www.treasurydirect.gov/

And good afternoon.

Recommendations

4 members have recommended this reply (displayed in chronological order):

But the firing, laying off, defunding governmental departments............ Lovie777 Mar 2025 #1
It's a freaking casino. It doesn't care about people. AllyCat Mar 2025 #20
Courtesy of mahatmakanejeeves: tomorrows reports and speech Bernardo de La Paz Mar 2025 #2
Who is advising Krasnov? He is clueless. Tariffs on Tariffs off. Musk can fire people well no he can't. Botany Mar 2025 #3
At a minimum DENVERPOPS Mar 2025 #4
In Canada it feels like unprovoked economic warfare against us. tRump wants us to be terrified. We are not. . . . nt Bernardo de La Paz Mar 2025 #6
The vast majority of U.S. citizens are on your side. DENVERPOPS Mar 2025 #14
Always makes us feel stronger however many times we hear that, so glad to have you on our side. . . . . nt Bernardo de La Paz Mar 2025 #16
LOL DENVERPOPS Mar 2025 #17
What to do with money now mahatmakanejeeves Mar 2025 #5
im not a t-bill fan right now moonshinegnomie Mar 2025 #13
'Tomorrow, And Tomorrow, And Tomorrow', Act 5 Scene 5 NotHardly Mar 2025 #9
Trump and his cronies are buying low LeftInTX Mar 2025 #7
the "Trump Trade" is underwater again - S&P 500 closing at 5739, below the election day closing level progree Mar 2025 #8
Think it is just the US markets getting clobbered? Aussie105 Mar 2025 #10
Getting out of the market creon Mar 2025 #11
psssst....I did just that right after the election. Yavin4 Mar 2025 #12
It's not relevant for most people somsai Mar 2025 #15
"always recovers". Took S&P 25 years to reach levels of 1929, inflation adjusted took 30 years. Bernardo de La Paz Mar 2025 #18
Welcome to the Trump Slump coprolite Mar 2025 #19
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