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Am going to open a Treasury Direct account to directly buy US bonds
Poast new message in this thread
Date: August 1st, 2025 3:55 PM Author: charcoal provocative wrinkle Trump is going to pack the Fed with governors who will drive down short term interest rates and thus online savings account rates with them. But the bond vigilantes will likely revolt by driving up longer term bond rates, and I want to have an account with the Treasury Department ready to go when that happens. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149173) |
Date: August 1st, 2025 3:57 PM Author: trip pearly laser beams theater You can just buy bonds on a brokerage like Fidelity. Way less hassle. The Treasury Direct website is garbage. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149179) |
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Date: August 1st, 2025 3:58 PM Author: confused duck-like brethren digit ratio yea i cldnt even log in cause they like want to MAIL u ur password or something using US mail, its so faggot US must die (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149182) |
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Date: August 1st, 2025 4:02 PM Author: charcoal provocative wrinkle Well, if the whole point is security - which it is - then maybe that's a good thing if you are planning on putting a big chunk of your life savings into it. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149204) |
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Date: August 1st, 2025 4:13 PM Author: confused duck-like brethren digit ratio yea SECURITY, excuse for every benchod stupidity in US, maybe just maybe the US which supposedely has a 20T economy cld figure out SECURITY without having to physically mail shit to ppl
its similar with IRS, they still MAIL< dont even provide an option to be notified by email
what shit is this |
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Date: August 1st, 2025 4:00 PM Author: charcoal provocative wrinkle Good to know, thanks. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149194) |
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Date: August 1st, 2025 4:03 PM Author: charcoal provocative wrinkle Actually, think I will do a $1000 test purchase to see how it works buying directly from the government. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149210) |
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Date: August 1st, 2025 5:01 PM Author: charcoal provocative wrinkle Good info about it in this thread:
https://www.reddit.com/r/Bogleheads/comments/1arw4a2/learning_about_treasury_direct/
I setup my account, they didn't require me to have the password mailed- they obviously didn't smell curry like with TT. They are offering 10 year notes paying 4.25%. May be something worth considering if Trump drives down short term rates and longer term rates go up as a result.
Don't see any reason to do it right now, though. I can get a 2-5 year CD from Goldman Sachs (already have an account with them) paying 3.9%, and 4.25% isn't a big enough premium for the hassle and unknown of buying bonds. But it may be in the future. Bonds are exempt from state and local income taxes which is nice.
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Date: August 1st, 2025 5:01 PM Author: Pale bearded tattoo You can make much higher yield with qqqi and don't even pay tax on it until you sell. Bonds are treated as ordinary income. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149364) |
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Date: August 1st, 2025 5:38 PM Author: confused duck-like brethren digit ratio rofl yes but QQQI can easily go down 20% (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149487) |
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Date: August 1st, 2025 6:12 PM Author: Pale bearded tattoo Very unlikely it will actually go down long term, much more likely the value will be higher. While with bonds u just have current value and yield less than real inflation and that yield is taxed at 40%. Might as well just buy bitcoin or qqq and never sell. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149582) |
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Date: August 1st, 2025 5:08 PM Author: charcoal provocative wrinkle Actually, the guy who recommended Fidelity was correct, based on this comment:
The major practical downside is that when you buy from TreasuryDirect, you cannot exit your position early by re-auctioning on a secondary market like you can with Fidelity or Schwab.
https://www.reddit.com/r/Bogleheads/comments/1arw4a2/learning_about_treasury_direct/
Fuck that shit. I'll use Fidelity if I go this route. |
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Date: August 1st, 2025 5:12 PM Author: trip pearly laser beams theater Yeah, trust me. I've bought bonds through both websites and just use Fidelity. It's way better. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149399) |
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Date: August 1st, 2025 5:27 PM Author: charcoal provocative wrinkle tyvm (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149439) |
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Date: August 1st, 2025 5:39 PM Author: confused duck-like brethren digit ratio ive used fidelity and etrade and think its basically the same shit but its prob easier since its not govt faggot website, i do think maybe they charge an extra amount on fidelity but its like $5 or something and yeah u can resell it easily (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149490) |
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Date: August 1st, 2025 5:40 PM Author: magenta crackhouse dopamine the govt website is so fucking bad
looks and works like a retard made it in a weekend |
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Date: August 1st, 2025 6:10 PM Author: Cocky naked business firm codepig It seems like a bad fake of what should be a legit website. It's amazing. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149575) |
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Date: August 1st, 2025 8:08 PM Author: trip pearly laser beams theater (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149888) |
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Date: August 1st, 2025 8:03 PM Author: magical library why bonds over money market funds?
MMF currently pay same interest but more liquid. |
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Date: August 1st, 2025 8:06 PM Author: trip pearly laser beams theater Bonds will appreciate in value if the fed cuts and bond yields drop. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149881) |
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Date: August 1st, 2025 8:25 PM Author: confused duck-like brethren digit ratio doesnt it work out the same? its rate goes down so u get less interest but the principal goes up but i think its abt the same right niggas (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149906) |
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Date: August 1st, 2025 8:48 PM Author: trip pearly laser beams theater Principal does not go up in a MMF as yields drop. You just earn less interest. (http://www.autoadmit.com/thread.php?thread_id=5757125&forum_id=2#49149955) |
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Date: August 2nd, 2025 1:28 AM Author: magical library good point
but for the next year or so, probably both will pay out roughly the same. waiting for a discount on stocks before buying in. missed the last drop thinking I had a bit more time to buy in. |