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Why do you want treasuries? Have you looked at ETFs?
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They aren’t equivalent but they are easy to buy and sell. Hence the question.
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I had an account at Treasury Direct. There are certainly ETFs that will mimic a short-tern yield such as TBIL and SGOV. SGOV has the lower expense ratio and last month was yielding 4.18%. Of course if taxes are eating into this gain it becomes very unattractive.
My suggestion is BOXX. In the last 6 months is stock is up 2.06% so on track to possibly yield 4.17% thereabouts. But with no dividend payments if you can hold it a year or longer maybe you can avoid paying capital gains taxes or at the very least minimizing them.
If you’re looking for something longer term, I have bought a few longer term secondary treasuries and bond offerings easily on E*Trade, but sold off most of them. Just wasn’t interested in long duration, right or wrong.
Good luck!
I buy them on Schwab. You can search for treasuries fitting the specifics you want and buy it in secondary market.
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+1
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I get them from my buddy Jerome
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i’ve been buying high quality muni bonds to fulfill my “not equities” portion of my asset allocation. They seem to yield, net of tax, marginally better than treasuries. Tax brackets suck.
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I think this seems like a generally good idea.
I just want to buy a house within the next few years, so I need to generate/accumulate some post-tax cash. I could just use equities for this, but I’d be taking on market timing/fluctuation risk.
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Can’t you buy ETFs that hold treasuries?
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Have you been buying the bonds themselves or muni ETFs/funds?
No ETFs or funds. To get my interest state tax free in addition to fed tax free, I have to use munis in my state. I don’t know if all states tax munis this way, but mine does. I look for established school districts and stable suburban governments issuing bonds.
Schwab makes the search for (filtering) for this quite easy. What it doesn’t do (or I don’t know how to automate) is the automatic rolling over of bonds and/or interest when cash hits my account. So it takes some babysitting.
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I always thought that I was fighting the folks in the highest tax bracket for those, so the tax benefits for lil ole me weren’t enough.
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