For years now I’ve been extolling the virtues of Pentagon Federal Credit Union, primarily for it’s Platinum Cash Rewards VISA. Although many of the benefits of the card have eroded over the years, the key components of this card have been a constant. The first is the 5% cash back you get at any gas station …
Would I consider building a T-bill ladder with a yield of 0%? In a word, no. Never. However, there are some folks out there who are doing just that, buying US Treasury Bills at an interest rate of 0%.
Last Friday the Treasury Dept. announced that they were lowering the minimum amount necessary to buy treasury bills from $1,000 to $100. This is great news for the common man wishing to start investing in treasury bills because the cost of entry has just fallen 10-fold! Why invest in T-Bills?