be very careful ---- I only buy treasury zero coupons, NEW ISSUES that mature 3 months or 1-2 years. (like 3-month T-bills) There are only 1-4 choices typically. by the way fidelity cash balance is already like 0.6%. Buy other treasury bonds may decline in value if sell soon. https://fixedincome.fidelity.com/ftgw/fi/FILanding
be very careful ---- I only buy treasury zero coupons, NEW ISSUES that mature 3 months or 1-2 years. (like 3-month T-bills) There are only 1-4 choices typically. by the way fidelity cash balance is already like 0.6%. Buy other treasury bonds may decline in value if sell soon. https://fixedincome.fidelity.com/ftgw/fi/FILanding
yes Fidelity is good. I mean I like buying new treasuries from Fidelity. I don't like second-hand treasuries .... But their interests rates are a little higher than zero-coupons ... don't know why
yes Fidelity is good. I mean I like buying new treasuries from Fidelity. I don't like second-hand treasuries .... But their interests rates are a little higher than zero-coupons ... don't know why
pstwo 发表于 2022-06-21 15:42
seems not everybody knows zeros coupons ... example: you pay $99 for a $100 6-month treasury now at Fidelity, and after 6 months it becomes $100 in your Fidelity acct. The $1 is interest and will be in 1099, State & City tax free.
seems not everybody knows zeros coupons ... example: you pay $99 for a $100 6-month treasury now at Fidelity, and after 6 months it becomes $100 in your Fidelity acct. The $1 is interest and will be in 1099, State & City tax free.
pstwo 发表于 2022-06-21 15:45
This is why US treasury is better than CDs. Right now the yield of US treasury is pretty much the same as CDs, sometimes even better. This doesn’t happen often.
be very careful ---- I only buy treasury zero coupons, NEW ISSUES that mature 3 months or 1-2 years. (like 3-month T-bills) There are only 1-4 choices typically. by the way fidelity cash balance is already like 0.6%. Buy other treasury bonds may decline in value if sell soon. https://fixedincome.fidelity.com/ftgw/fi/FILanding
yes Fidelity is good. I mean I like buying new treasuries from Fidelity. I don't like second-hand treasuries .... But their interests rates are a little higher than zero-coupons ... don't know why
pstwo 发表于 2022-06-21 15:42
Zero coupon has tax advantage: no state and local tax, so its yield is lower. If you count tax benefits, there is not much difference between zero coupon and non-zero coupon. People know math.
Muni bond anyone ? Why all focused on t bill ? 半个马和甲 发表于 2022-06-21 16:31
I lost $$$$ on MUNI this year; and today Bloomberg news says money are escaping MUNI like mad .... The huge loss is even more than stocks. The triple-tax-free benefits is nothing compared to huge loss in principal. The Principal may be permanently lost, or need many, many years to recapture That being said, if you buy MUNI when everybody is crying, you might gain big .....
Zero coupon has tax advantage: no state and local tax, so its yield is lower. If you count tax benefits, there is not much difference between zero coupon and non-zero coupon. People know math. wintergreen457 发表于 2022-06-21 15:59
没人提treasury direct 的 Series I Bond 吗？国债，9.62% 利率。好像到10月份都可以买。当然它好像一年两次调整利息，不知道将来如何，我们先买了点试试。 erin1111 发表于 2022-06-21 17:13
people know ya, but limit too small --- say for 2 adults + 2 child, you buy total $80K for 2 years with gift box ? here people are talking about maybe 200K or 500K or $5M
I lost $$$$ on MUNI this year; and today Bloomberg news says money are escaping MUNI like mad .... The huge loss is even more than stocks. The triple-tax-free benefits is nothing compared to huge loss in principal. The Principal may be permanently lost, or need many, many years to recapture That being said, if you buy MUNI when everybody is crying, you might gain big .....
Why is principal lost? Confuse 发表于 2022-06-21 17:22
For example muni etf HYD went from $60 to $54 because of FED raising rates, so 10% is lost .... and may lose more, we don't know, the annual interest only like 4% (tax free, not bad though) MUNI funds will decrease in value when Fed increase rates, vice versa Others maybe better than me in explaining this ... can't type Chinese in office
For example muni etf HYD went from $60 to $54 because of FED raising rates, so 10% is lost .... and may lose more, we don't know, the annual interest only like 4% (tax free, not bad though) MUNI funds will decrease in value when Fed increase rates, vice versa Others maybe better than me in explaining this ... can't type Chinese in office
pstwo 发表于 2022-06-21 17:35
i guess that is because you buy 2nd hand and the risk is in price fluctuation? if you buy from new issue and hold through maturity then there is not the risk of losing principal, right?
i guess that is because you buy 2nd hand and the risk is in price fluctuation? if you buy from new issue and hold through maturity then there is not the risk of losing principal, right? Confuse 发表于 2022-06-21 17:39
You are Correct, but who buys new issue MUNI and hold for 10 years ? We are talking about flexible short-term capital preservation with a little interest ..... and money can be taken out to buy stocks/house when needed ....
You are Correct, but who buys new issue MUNI and hold for 10 years ? We are talking about flexible short-term capital preservation with a little interest ..... and money can be taken out to buy stocks/house when needed ....
pstwo 发表于 2022-06-21 17:45
Well doesn't it make sense to buy new Muni when u have a 30 yr fixed loan of less than 3 percent for 10 years in today's market with the option to sell Especially if u create a ladder Muni . ?
Well doesn''t it make sense to buy new Muni when u have a 30 yr fixed loan of less than 3 percent for 10 years in today''s market with the option to sell Especially if u create a ladder Muni . ? 半个马和甲 发表于 2022-06-21 20:44
what you said makes sense. but just for the sake of argument, a single MUNI can default and you lose everything .... so will need a basket of MUNIs
有FDIC保险，利率还高，这么好的事情，怎么就觉得不真实呢。
和各大银行的cd一比较，真是too good to be true, 有潜在的坑吗？
现在利率多少？
https://fixedincome.fidelity.com/ftgw/fi/FILanding
似乎需要登陆进入fidelity的账户才能看到各个cd的利率。
几年期的？
国债一年2.96, 两年3.23, 三年3.40, CD一年2.9, 两年3.25, 三年3.40. 有的CD是callable, 还不如国债
如果说不提前卖，国债利息是肯定保证的， CD也是，除非是callable，被提前结束。
国债怎么买？
Fidelity
国债是Bond吗？国债一年2.96，也是Fidelity的吗？
是，我在fidelity买的二手国债，明年6月到期。
懂行的给解释一下？ 谢谢
同问怎么在fidelity买国债
PM你问一个问题了，谢
我看了一下，也是蒙了，太多选择
CD好高 哪个银行一年2.9
要买non-callable的。 只要你不提前取出来，就不会亏钱。 如果你提前取出来，就像股票一样了，如果卖的时候每股跌了50%，那你就亏了50%。
There are only 1-4 choices typically.
by the way fidelity cash balance is already like 0.6%.
Buy other treasury bonds may decline in value if sell soon.
https://fixedincome.fidelity.com/ftgw/fi/FILanding
学习了。这样的话，还是有风险，万一急用钱的话，碰到债券正好跌，就亏了，而CD怎么都不会亏到本金的。
如果要提前卖掉CD， 也一样可能亏掉本金。
Fidelity 是registered brokerage, 即使破产客户的钱也是不能动的。最近要破产的crypto brokerage 是没有这样的保证的。何况Fidelity的破产可能我认为不存在。
yes Fidelity is good. I mean I like buying new treasuries from Fidelity. I don't like second-hand treasuries .... But their interests rates are a little higher than zero-coupons ... don't know why
seems not everybody knows zeros coupons ... example: you pay $99 for a $100 6-month treasury now at Fidelity, and after 6 months it becomes $100 in your Fidelity acct. The $1 is interest and will be in 1099, State & City tax free.
This is why US treasury is better than CDs. Right now the yield of US treasury is pretty much the same as CDs, sometimes even better. This doesn’t happen often.
thanks
Zero coupon has tax advantage: no state and local tax, so its yield is lower. If you count tax benefits, there is not much difference between zero coupon and non-zero coupon. People know math.
一直在买，觉得挺好。
同问，哪个银行2.9
From Fidelity web site:
Beal Bank USA, maturity date: 6/28/2023, coupon: 2.9%
I lost $$$$ on MUNI this year; and today Bloomberg news says money are escaping MUNI like mad ....
The huge loss is even more than stocks. The triple-tax-free benefits is nothing compared to huge loss in principal. The Principal may be permanently lost, or need many, many years to recapture
That being said, if you buy MUNI when everybody is crying, you might gain big .....
makes sense, thanks a lot
people know ya, but limit too small --- say for 2 adults + 2 child, you buy total $80K for 2 years with gift box ? here people are talking about maybe 200K or 500K or $5M
Why is principal lost?
For example muni etf HYD went from $60 to $54 because of FED raising rates, so 10% is lost .... and may lose more, we don't know, the annual interest only like 4% (tax free, not bad though)
MUNI funds will decrease in value when Fed increase rates, vice versa
Others maybe better than me in explaining this ... can't type Chinese in office
i guess that is because you buy 2nd hand and the risk is in price fluctuation?
if you buy from new issue and hold through maturity then there is not the risk of losing principal, right?
You are Correct, but who buys new issue MUNI and hold for 10 years ? We are talking about flexible short-term capital preservation with a little interest ..... and money can be taken out to buy stocks/house when needed ....
哪里买呢？
Fidelity 随便买呀，其他券商应该类似
但是买这么久的（一年的比如），要提前拿钱出来，可能有loss （国债）
CD我就不知道了，我以前的CD银行基本不lose 本金，但是要charge 至少三个月利息好像。
Fidelity的CD product 我也不清楚能不能提前取现。
为什么要提前取现？可以把应急基金放在saving account
假设SPY跌到了不抄底说不过去的时候.... 这个时候，即使损失一点点拿出来，也是值得的
Well doesn't it make sense to buy new Muni when u have a 30 yr fixed loan of less than 3 percent for 10 years in today's market with the option to sell
Especially if u create a ladder Muni . ?
问题是不知道底在哪里 还有这次通胀会不会重新197几年那段历史。
所以觉得需要风散投资- bond to preserve stock to gain
what you said makes sense. but just for the sake of argument, a single MUNI can default and you lose everything .... so will need a basket of MUNIs
有道理的。一般的bond跌的没有stock多，在mkt暴跌的时候。除了 2020/03, bond 没有liquidity 。。。。
恩。为什么买卖二手bond 比买卖股票难这么多啊？
既然是小白就买CD存着吧 选要选美国银行发行的CD，尽量不要选外国银行发的，乌苏战争的时候，所有苏联的东西都冻结了钱也拿不出来。 另外要选不能撤回的。利息是月付，不要选在结束时在一次性付清的。
请贴出一个2.96一年的国债。 一次性需要买多少？
有一次只需要买5000元的吗？