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02-27-2009, 03:13 PM
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#1 | | I answer every Emotion with an emoticon
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| T-bills worth investing in?
I have some money saved up in the bank and with the intest being @ 2.5%, I'm thinking maybe I should invest in T-bills instead. It's pretty risk free. Do you guys think it's a good idea?
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02-27-2009, 04:39 PM
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#2 | | OMGWTFBBQ is a common word I say everyday
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Does T-bill even carries interest nowadays? 
your deposit with your bank has a 100,000 guarantee too, so that is pretty risk free imo
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03-04-2009, 04:13 PM
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#3 | | I answer every Emotion with an emoticon
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| Quote:
Originally Posted by wouwou Does T-bill even carries interest nowadays?
your deposit with your bank has a 100,000 guarantee too, so that is pretty risk free imo | Haha, I dunno. I'm just starting to learn this stuff in finance class and think maybe it's a good way to get more return than letting money sit in the bank.
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03-04-2009, 04:16 PM
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#4 | | Ready to be Man handled by RS!
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T-bills are short term and flexible but I think you have to buy it in a large bulk. I don't think the T-bills offered right now can beat a 2.5% annual return. I think it's better if you just leave it in your bank account since you can take it out anytime and sounds like a pretty good return as of now.
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03-19-2009, 04:26 AM
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#5 | | I contribute to threads in the offtopic forum
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what is a T-bill?
which bank has a 2.5% return?
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03-20-2009, 04:25 PM
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#6 | | I answer every Emotion with an emoticon
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Treasury Bills range from $1,000 to $1,000,000 denominations. I'm also pretty sure that you buy T bills at a discount and then they mature to par which makes up your 'interest'.
I've never purchased one but these are incredibly safe considering it is backed by the gov't lol.
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03-20-2009, 11:11 PM
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#7 | | My homepage has been set to RS
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| Quote:
Originally Posted by Druggie which bank has a 2.5% return? | HSBC direct savings account
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03-25-2009, 03:06 PM
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#8 | | I answer every Emotion with an emoticon
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Interest rate is sliding every month. I have a BMO direct savings account. It went from 2.5% to 1.75%, basically down 0.25% every month.
HSBC is still at 2.5, but it seems like it'll slide soon too.
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04-11-2009, 10:59 PM
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#9 | | I don't get it
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I think the HSBC direct saving is down to 1.5% right now
Anyone using the tax free saving account from TD? 1.75%
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04-11-2009, 11:44 PM
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#10 | | RS has made me the bitter person i am today!
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it is safe, if you have the money, and want risk free investment with low intrest, i'd go with t-bill
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04-14-2009, 10:11 AM
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#11 | | My dinner reheated before my turbo spooled
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Treasury bills are generally pretty safe investments
just a low yield
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05-18-2009, 10:56 PM
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#12 | | 14 dolla balla aint got nothing on me!
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...I wouldn't bother, I would say high int rate savings accounts have made t-bills obsolete. Not only do they not really yield any real return unless you have a lot of money, it is also quite tax inefficient. Then again I'm a fan of being liquid and making more than the inflation rate on my money.
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