T bills

By Terry Savage on February 27, 2023 | Chicken Money

I wad told a 3 month t bill is better to buy rather then a 6 month. Is that true? I just purchased $100 for a 3 month because I want to see how it works. Does it automatically go back into your account with interest or does it keep reinvesting?

Terry Says

Read this article: https://www.terrysavage.com/t-bills-beat-cds/

Who told you 3 month bills are “better”? The rates are higher on 6-month bills.

And you can elect to have your T-bills automatically renew –either at the time of purchase, or by going into your account, and clicking on “manage” and adding automatic renewals to your existing bills.

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