Savings acct investment
Terry. I’m 81 and want to take $100m and put into t bills or I bond that’s short term and accessible if needed. I currently get 0% at Chase. Thx Terry
Terry Says
Read this: https://www.terrysavage.com/t-bills-beat-cds/
I suggest you stagger your purchases — perhaps $25,000 immediately, and then wait 3 weeks and buy another $25,000 and so on.
Rates will change slightly and they will mature in a staggered basis, giving you interest income back into your bank account when they roll over.
Be sure to leave a little liquidity in your MM fund for emergencies. You can’t easily get out of these 6 month (26 week) T-bills before maturity.
