We had a radio guy in Minnesota who talks about the 48 hour rule. If you bring something home and have it out in plain sight for 48 hours without anyone (usually wife) complaining about your purchase, you're in the clear. You get to say "What? That thing's been here for a long time."
Guess I'll start an off-topic thread?
- Thread starter ANNASDAD
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And Wright Stander mowers...Like Black Glocks, HK’s and Tan gloves!
WHAT….no honey that’s not new!
Couldn’t hide that yellow monster! Had to go through the proper channels!
- Dec 11, 2010
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@LEsoftballdad and anyone else- There was some investment info in another thread. Kind of want to leave that there.
Anybody buy the 3 month treasury bills? I keep hearing how easy it is, you tie up the money for 3 months but it is almost 5% right now. What I don’t get is: Is it 5% for the three months? Somehow they pay you up front?
I’m kind of poking around treasurydirect.gov but I don’t feel like I know what I am doing.
Anybody buy the 3 month treasury bills? I keep hearing how easy it is, you tie up the money for 3 months but it is almost 5% right now. What I don’t get is: Is it 5% for the three months? Somehow they pay you up front?
I’m kind of poking around treasurydirect.gov but I don’t feel like I know what I am doing.
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That's an annual rate, so you get pro rated interest. Most people roll them into another Treasury after there bill expires, especially people who use it for income. They're not front-loaded interest bearing instruments, but they're sold at a discount which is recouped at redemption.
T-Bills are not taxable at the state and local level, but interest is taxed by the feds. If you want a tax-free instrument, you'd need to buy municipal bonds issued by your state.
- Dec 11, 2010
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There’s the catch. I thought I would get guaranteed 5% in three months…. Which sounds pretty spectacular.
20% in a year? Those are loan shark rates!
- Dec 11, 2010
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Oh I know!!!!!!! Don’t you want that too????? Ha ha!
softgabby
Gear Empress
Today, my academic career ended. I'm officially a college graduate. Now, I'm not done with our sport. I still have one more year of eligibility remaining which I'm taking. I can't wait to start school in Hershey soon as a wife.
