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mypantsrblue t1_ja6rim1 wrote

Reply to comment by 1hotjava in T- Bill Interest Payments by Bitter_Signature_421

You tie up 20K to make $300? Is that a thing that people do that’s advisable?

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TH_Rocks t1_ja7ecb5 wrote

It's a guaranteed return with no additional effort or gambling on price fluctuations. Yes, people do that.

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1hotjava t1_ja7h6az wrote

If you had $20k in a savings account making 4.76% after 4 months it would be the same thing.

T-Bills are a solid asset for part of your bond allocation in your overall portfolio. Guaranteed to make the rate that you bought them at

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