Putting Cash into T-Bills

Rather than put all our cash into Money Market funds, I'm putting a significant portion into T-Bills via our brokerage accounts.    T-Bill have maturities of 1 year or less and are paying around 5%.   T-Bills can be purchased on the secondary markets in increments of $1000.   T-Bills are guaranteed by the U.S. Government.   T-Bills are very liquid, and can be sold quickly if cash is needed.  Finally, the bid/ask spreads are very small, so that selling before maturity doesn't incur a penalty.

For more on Strategies and Plans, check back every Monday for a new segment

This is not financial advice. Please consult a professional advisor.

Copyright © 2024 Achievement Catalyst, LLC