T-Bills yeilding 5.3%

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  • JIBBBY
    SBR Aristocracy
    • 12-10-09
    • 83686

    #1
    T-Bills yeilding 5.3%
    No better time to throw your savings into solid T-bills that will bring you in 5.3% interest. Nothing more secure then Treasury Bills. Your money will be safe. Nothing makes you feel better then compounding interest!

    Open an account at Fidelity and buy 3 month Treasury Bills. That's what I'm doing. It's a win and you can't find anything better right now. Just here to help and offer solid financial advice.


    Fidelity Investments is a financial services company that helps customers plan and achieve their most important financial goals. We offer a wide range of financial products and services for individuals and businesses, including trading & investing, retirement, spending & saving, and wealth management.


    View live updates and historical trends for 3 Month Treasury Bill Rate. Track key economic indicators and market insights with interactive YCharts data.
  • OldBill
    SBR Hall of Famer
    • 11-02-21
    • 6416

    #2
    ummmmm some banks now offer 14% interest on savings accounts i'm looking around my area now start deposiing cash weekly imagine getting $140 per $1000 and just let it stay there

    dunno when interest is paid out monthly quaterly etc..
    Comment
    • JIBBBY
      SBR Aristocracy
      • 12-10-09
      • 83686

      #3
      Another benefit I forgot to mention -

      Interest income from Treasury bills - This interest is subject to federal income tax, but is exempt from all state and local income taxes.
      Comment
      • Shark
        SBR MVP
        • 01-14-10
        • 1789

        #4
        Originally posted by OldBill
        ummmmm some banks now offer 14% interest on savings accounts i'm looking around my area now start deposiing cash weekly imagine getting $140 per $1000 and just let it stay there

        dunno when interest is paid out monthly quaterly etc..
        This is a lie. No bank is offering 14% my
        man.
        Comment
        • bjb7223
          SBR Posting Legend
          • 11-03-12
          • 10349

          #5
          Originally posted by Shark
          This is a lie. No bank is offering 14% my
          man.
          lol I was wondering where Bill got his numbers from
          Comment
          • JIBBBY
            SBR Aristocracy
            • 12-10-09
            • 83686

            #6
            Originally posted by Shark
            This is a lie. No bank is offering 14% my
            man.
            Billy is off his meds clearly. Lol...
            Comment
            • Chiefs83
              SBR MVP
              • 08-01-16
              • 2816

              #7
              14% Lol
              Comment
              • bjb7223
                SBR Posting Legend
                • 11-03-12
                • 10349

                #8
                Originally posted by Chiefs83
                14% Lol
                get out of the stock market and throw everything into banks if this is the case
                Comment
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