Aguytrying wrote:@tbill/ bond investors.
What would you advice.
1. To buy bonds/tbills directly from CBK
2. To join a money market fund traing in tbills/bonds.
also do stock brokers/investment banks help to trade in tbills/bonds? or is it better to go direct through CBK.
regards
Note also that there are times when MMFs pay higher than the T-Bill average. Good to keep your eye on the rates regularly.
MMFs are currently ranging from 5.78 % [CBA] and 9.94% (Madison and Amana] - BUT not clear if these figures are net of wht.
Yesterday's T-Bill average was 9.979 = 8.85@ after wht.
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.