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.

Recent Chicken Money Questions

money

ASK TERRY

a personal
finance question