Member
Posted 24 February 2016 - 06:11 PM
For my business:
Want to open Treasury Direct account: right now they are backed up 12-14 weeks!!!
Scary.
What options should I consider as I dont like having 1.5 million in one bank account. I am have 250K threshold accounts at every other bank in town. and frankly THAT is a huge headache.
Member
Posted 24 February 2016 - 06:28 PM
For my business:
Want to open Treasury Direct account: right now they are backed up 12-14 weeks!!!
Scary.
What options should I consider as I dont like having 1.5 million in one bank account. I am have 250K threshold accounts at every other bank in town. and frankly THAT is a huge headache.
Don't some brokerages have treasury only money markets?
Member
Posted 24 February 2016 - 06:34 PM
true but those are likely MMF right? so if things go south money might not be liquid alla 2008 ( personally had my money in UST only MMF frozen for 8 weeks)
Member
Posted 24 February 2016 - 08:24 PM
You may be interested in:
Vanguard Short-Term Government Bond Index Fund Admiral Shares (VSBSX) https://personal.van...INT&FundId=1942
Member
Posted 24 February 2016 - 08:35 PM
The mutual fund VSBSX is also available as an ETF symbol VGSH:https://personal.van...&FundIntExt=INT
If you open a Vanguard brokerage account there are ZERO COMMISSIONS when buying and selling their ETFs.
