Thanks.
Yes your money would be protected, but putting $5,000,000, inflation would eat that money. You could invest some of it in bonds and some in income stock funds and get a much better return. Even an index fund.
It is safe from default. You will get the principal back when the treasury matures and the interest payments are guaranteed. It is not tax free from federal taxes. But it is free from state taxes. You can buy them directly from the treasury at www.treasurydirect.gov Normally longer maturities have better yields, longer yields are subject to interest rate risk. You might want to consider I-bonds for inflation.
No comments:
Post a Comment