Treasury Bills vs. Bank CDs | Which is Better Right Now?

Описание: Treasury Bills and Bank CDs are incredibly popular cash investments, but which one is a better deal today? In this video, we'll put the two against each other to see which one deserves your hard earned money. We'll discuss T-Bills, CDs, and factors & risks to consider. These currently offer between 2 and 3.5%, and I'll also show you quick tips to earn even more.

TIMESTAMPS:
0:00 Introduction
0:29 What Are Bank CDs?
1:06 What are Treasury Bills?
1:49 Which One is Better?
5:15 Using a Broker
6:21 Series I Savings Bonds

Learn More About Brokered Treasuries Here:    • How to Buy Treasury Bills, Notes, and Bond...  

Learn More About Brokered CDs Here:
   • Why Brokered CDs Beat Savings Accounts & H...  

Learn More About Series I Savings Bonds Here:
   • How to Buy I Bonds (Step-By-Step Tutorial ...  

Direct Link to Purchase Government Securities: https://www.treasurydirect.gov

How to Buy Treasuries With TreasuryDirect:    • How to Buy Treasury Bills | BETTER Than Sa...  

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US Treasury Bills, otherwise known as T-Bills, are short term government issued debt obligations. This means that you are lending money to the US Treasury in return for high interest rates and tax benefits. These bills have maturity dates of one year or less.

For higher net worth individuals, these T-Bills can be great options as large, liquid cash investments still backed by the US government. Additionally, the interest earned is exempt from state and local taxes. Currently, these bills pay between 2.5 and 3.5% interest and are likely to increase in the near future (as of September 2022).

Bank CDs are another great alternative that are often more convenient and accessible. You can lock up your money for a planned duration and earn a much higher interest rate than you would with a traditional savings account. These currently pay a bit lower at 2 to 3%, but the customer service provided by banks can be better than going through TD.

#investing #treasury #cds

All videos are for entertainment & educational purposes only and should not be construed as financial or investment advice. Links above include referrals that help financially support me and the channel. Referral offers and information provided in the video are accurate at the time of the posting date but may not be so in the future.