Thanks for visiting our personal finance channel! We hope this free content will help fast-track your financial journey! Everyone's financial journey is different. Please note that there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances. >>>> WATCH NEXT >>>> ⭐ Top 9 Things You Should Know About T-Bills: ua-cam.com/video/jIBn3VFkDw8/v-deo.html ⭐ I Bought A $60,000 T-Bill Ladder: ua-cam.com/video/__oqvdtLoiE/v-deo.html ⭐ How To Buy Treasury Bills, Treasury Notes, Treasury Bonds: ua-cam.com/video/rFuiC-UNeMc/v-deo.html ⭐ 6.48% November 2022 I-Bonds: ua-cam.com/video/_l2siokfyok/v-deo.html ⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ua-cam.com/video/adzmox__2zM/v-deo.html ⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ua-cam.com/video/9hfHoSijJEk/v-deo.html 💎 Subscribe to our channel for all things inflation, I-Bonds, TIPS, Treasury Bills & long-term sustainable wealth!!
Thanks for the information. I have no idea how to find the link "below" that you reference on the things to know about buying T-bills. Is it possible that you could provide me more info on how to find that link. Thank You
@Diamond NestEgg On the Vanguard bond buy page, what does the: "Max. quantity**" mean ? The T-bill MAX number is "5000." Does that mean $5,000??? Thanks !!
Your presentations set you apart from the rest. Clear, concise, supported by excellent graphic hints, and delivered with just enough energy to keep us tuned in. Thank you.
Aloha! Thank you so much for your videos and explanations. I have a SEP IRA in Vanguard and start my first RMD this year. Since watching your videos I have purchased my first CD (15 months @ 5.60%) and today my very first T-Bill (3 mo.) and the purchase price is $98.66. The remainder of the cash is in Vanguard Money Market at a current rate of 5.27%. My wife and I feel very comfortable with our money completely out of stocks and into these instruments. I only hope that rates for savings stay above 4% but we will wait and see. Mahalo for your educational videos
Thanks Jennifer for another great video! Just opened a rollover IRA at Vanguard, so this info is timely for me. Also as one of the commenters below noted, their default sweep account that my funds were initially deposited into-the Vanguard Federal Money Market Fund-has an SEC 7 day yield close to the 4 week Treasury bill (after expenses) and only an 11 basis point expense ratio, which appears to be considerably lower than competing money market funds. While Vanguard doesn't appear to have an auto-roll function for treasury bills and notes like some other brokerages, the yield on my sweep account/money market fund will make waiting a week to reinvest less painful. BTW, I saw after today's auction results were published at Treasury Direct, that the 8 week had a high yield of 3.69% and an investment rate of 3.76%. Not bad for 2 month government paper.
@@DiamondNestEgg Is there a way to reinvest existing T-Bills at maturity at Vanguard without waiting for the proceeds and simply purchasing during the next cycle? Since this is a feature at TreasuryDirect, it sure would be nice to have at Vanguard. Thanks!
Once, again, an informative and timely presentation! I started buying T-Bills at Vanguard after watching one of your other T-Bill videos. I was stumped when there were T-Bills listed on the new issues page, but couldn't be purchased (no "buy" link on the left). I looked everywhere for an explanation and came up bust. That, was, until this video. Thank you for removing the mystery. So much appreciated!
These videos are most helpful. I have bought t bills through Vanguard and treasurydirect. Any one else having trouble with buying t bills on Vanguard using an iPad? I eliminated cross tracking and turned off pop up blockers?
I absolutely love your explanations! They are so helpful and through. You have a way of distilling the information down to an easily digestible form...The various entities that make so called "help" or "support" should take notice of how a pro gives help...thanks so much!!
Wow. Just fantastic. Great explanations! Just the right amount of detail and explained in such an efficient way. I will be watching many more of your videos.
Thanks you for the series on investing in T-Bills! I watch a lot of instructional videos, and I have to say you have excellent presentation skills-To the point, no distractions, and the important details are all addressed! FYI, if anyone is having trouble getting to buy bonds section of their Vanguard account, it’s because there browser is set to “Block cross site tracking”. If you turn that off, it will fix the problem. It might save others the trouble I went through to figure this out. :)
Hi Jennifer , thanks for this video and very informative contents in general ! Fully agree that Vangaurd is matchless ! Extremely knowledgeable and responsive customer care at the same time with least expense ratios for funds . Their Money market pays 2.8% dividend as of now, based on the 7 day SEC yeild rate , which compounds every day and paid monthly , which is comparable (or even better) than the 4 week treasury rate . Since this interest pay out happens every month and gets added to the principal for the next month, the following month earns even more interest. You have secondary market options to trade bonds and CDs as well in Vangaurd. Fidelity customer care wait times are really long and there was no call back option as of January this year and hence I moved away from Fidelity completely. But that was just my experience. At this point, I have consolidated all my investments in Vangaurd and its going great !
First video of yours I have watched. I like the simple yet detailed information presented in a direct format. I usually have to stop myself from skipping around on such a video, but the pase was good and you only said pertinent things. Therefore, it was easy to watch this straight through. I do appreciate that you put out there in the beginning about how you time stamped the video for people like me lol. I hate when channels try to BS to get the watcher to watch straight through or make 10 minute videos that only have at most 5 most minutes of pertinent info. Kudos lol.
Jennifer, Please comment on significance of - "Vanguard has shortened the timeframe to submit auction orders for the 3 and 6 month US Treasury Bills. We will accept auction orders up to 5pm EST, today, May 25, 2023. Vanguard will not accept orders for the 3 and 6 month auctions after 5pm EST, today." even though auction doesn't close until the 30th
I cannot thank you ENOUGH!!! for doing this video! I looked and looked and looked on the vanguard site, convinced it can’t be done. Well, that was because I was using Safari on my IPad. But until this video, I figured it was just Vanguard, so after seeing your video and still couldn’t do it, I then called Vanguard and they explained that Safari won’t work for this process. So now I am on my boyfriends PC and all raring to go! Thank you again, I’m gonna make safe moneyyyyyy!
Hi Jennifer, I opened this video, got into my Vanguard account and followed step by step. I bought a 4 week T Bill. It will Auction on 10/27! This was very helpful. Thank you.
A lot of times, if you are using Apple computers to trade T- Bonds or Bills with Vanguard it won't work. You have to click on safari in the left upper corner, go to preferences, then to "privacy", then disable, "Prevent cross-site tracking". This is an edit. Having bought bills several times on Vanguard, I have found several different form pages when buying, Only once did it look like the one shown here.
Thank you very much for this video on Vangaurd Jennifer. I was really looking forward to it. Very much appreciate it. You are awesome! looking forward to your new videos.
I am really enjoying your content! You have now done comparisons between Fidelity and Vanguard. Are the interest rates exactly the same for the T-bills for both? Or do they have slight differences?
Thanks for taking the time to answer all the questions, Jennifer! On the "Order Details" page of a pending bond/bill purchase, is the "Quantity" in dollars....or the amount of bonds/bills you are purchasing? I think it's in dollars, but they don't show the amount with a dollar sign so I wasn't sure! Thanks again!
I don't have any pending orders at the moment with Vanguard, so can't check what the order details page looks like, but 7:57 before you submit your order, on the review page, it should show you the dollar amount (face value).
Thanks for your detailed explanation. I have found your videos extremely helpful and have been hoping that you would post information on how to effect this purchase from Vanguard.. I'm starting my T-Bill ladder on Vanguard today.
Hi Jennifer, You are awe-inspiring! My question: would you cover buying T-bills on the 2nd market? I heard you explain that you don't recommend it because of the spread. But I would LOVE to understand how it works and what the pitfalls are. Even a short video detailing why you should avoid them would be super helpful to me. How I wish I discovered you two years ago!
Thanks for the terrific video. I don't know if you noticed, but on 10/19 they auctioned a 17-week T-Bill for some reason. I don't know what that was all about, but it wasn't a CMB, and doing an Auction Query, it looks like they never offered that before. I didn't even see it on the Auction Schedule PDF file that you showed. I wonder if it's going to be a regular thing, or just an oddity.
I talk about my preference for buying new issues at auction towards the end of this video: What Is A Treasury Bill 2022 | Top 9 Things You Should Know About T-Bills ua-cam.com/video/jIBn3VFkDw8/v-deo.html
This is a great tutorial. However, is there really an advantage of buying T Bills over Vanguard money market? It seems like you’re only picking up 30bps or so. .003 x $100K = $300 and that’s only if you keep this going for at least a year because these yields are annualized. I don’t know, I guess it could be worth it. Seems like you need a bazillion dollars though to really make an appreciable difference in your finances.
Great video! I’m with Vanguard and thanks to you I’m buying t-bills. I think you showed on Fidelity that you can set them to automatically renew when they mature. I wonder why Vanguard doesn’t offer that?
@@DiamondNestEgg no auto roll feature seems basic but i guess they cant make it to easy they rather have you get tired and just put your money back into the sweep account then they can but t-bills with your money just a thought
I like the Vanguard website. It’s easy to navigate. But it seems like transactions take longer than they should. For example, I sold some mutual funds. The “Settlement Fund” didn’t reflect the sell for 2 or 3 days. It should be instant in 2023.
That's because most mutual funds need at least one business day to "settle". Vanguard probably then needs 1 - 2 more days to do the transfer from your brokerage/ retirement account(s) to the settlement fund. I've had similar experiences.
Hello, Nice step by step instructions. I have my solo-401 account with Vanguard, can I buy treasury bills in my 401 account? If yes do I need to keep balance in vanguard money market account?
Thanks for all your very helpful videos. Does Vanguard have the rollover feature for t-bills like Fidelity has? Also, on the t-bill maturity date, does the cash just show up in the settlement account or is some other action required?
Thanks. Very informative video! …so if you buy from VG vs TD you get the same tax advantage and you pay the same fee i.e. zero… But with VG you have to buy in $1000 vs TD’s $100 increments…. Also I would imagine you have greater counterparty risk with VG than TD…??
just saw an auction for a 17 week t bill but it’s not on their schedule spreadsheet. but i’m excited and hope this is a weekly offer so i can buy it as part of my laddering.
Thanks for the great video! I have a brokerage account, a rollover brokerage account and an IRA brokerage account at Vanguard. What account is best for this? Thank you
Hi Diamond thank you so much for your helpful videos and easy to follow presentation, I found your videos through I Bond research and glad I came across this. I had a question. I recently purchased the 52 week T Bill on Vanguard's secondary auction maturing at the end of Jan/2024; my account is showing the cash flow out to purchase the T Bill but not the cash flow in, so my current account balance is $10K less (hopefully that makes sense) than what it was before purchasing. Is this expected or something is wrong?
Hi Jennifer! Thanks so much for the video. It helped me to execute my first T-Bill purchase in Vanguard!🎉. However, I see the executed price. How do I calculate the purchase price? I just see an quantity (the amount I told it purchase) and the executed price. I can’t figure it out. 😢
Love your tutorials. So useful. Not to be stupid, but how do you redeem them at maturity? I'm not referring to the secondary market, if 13 week, after 13 weeks what happens? It matures and then what?
Thanks! Once it matures, the proceeds from the 13-week T-Bill would go back to your bank account that you set up with TD or to your brokerage/ retirement account (if purchased via a broker)
What did the message, "the settlement for this order request has been extended beyond the standard settlement date." Mean? What is it telling the purchaser?
Last time I checked, the online banks give you 3 - 3.16% interest rate in their saving accounts, FDIC insured. What's the point to buy T bills if it only gives you 3-4%? We need at least 5% return....
What does the colors on the action schedule mean? Why are some different colors of yellow, and some have no color? And thank you so much for doing this video. I would not have been able to figure this out myself and I need to park some short term cash and this is perfect.
I just used this video to guide me through buying some 4 and 8 week T-bills in Vanguard. QUESTION: The auction is tomorrow, and the settlement date is next Tues (11/08). So, I won't see ANYTHING in Vanguard until the settlement date? I expected to see something under "orders" or at least an email regarding these two transactions I just initiated, but I don't see anything anywhere. I'm glad I at least jotted down the confirmation numbers.
@@garymcfadden2797 that's true Merrill is not an attractive brokerage firm but I have some funds with them and was wondering how to go about putting them into T-bills. The secondary mkt bills are self select and not charged. Primary bills need to go through active trade desk team and have an upcharge
Hello, thanks for all the great info. Does Vangaurd make it easy to resell your t bills on the secondary market? I saw in an earlier video on Fidelity that you could do it by pushing a sell button.
Great video (s). If i did not check the box to reinvest the T bill at maturity am i correct to assume that it goes back to my settlement fund? Thank you!
I had really bad luck when I tried this... I logged in to Vanguard on the auction announcement date and they had no t-bills available to purchase... maybe they are opening up the purchases early... before the announcement dates?... and then they are sold out? ... it's strange... I can't tell when the right time is to check for them... Vanguard seems to be going downhill...
When I go on vanguard, I hit quick search ,find the Treasuries line, chose the length of time I want. It come up with many choices of treasuries with different yield, discount and maturity date. Is the yield or discount more important? How do you choose? Thanks!
Would it be fair to assume that if the Fed raises rates by .75% on Nov 2, the yields on Treasuries would rise shortly thereafter pushing most yields above 5%? Or are there more complex factors involved that dictate how much higher, if any, the yields would rise? Great site BTW. Thanks.
Very educational videos. I may buy a T bill through my Vanguard Roth IRA. When it matures, do I have the opportunity to reinvest the principal and the interest or does the full amount go to my sweep account or personal bank account? I would like everything to stay in my IRA.
I’m not quite sure. I just opened a Vanguard account recently for the tutorial because folks in the community asked for it. Perhaps others in the community might know?
Each of my vanguard account(s); taxable brokerage, Traditional IRA, ROTH IRA all have their own sweep account(s). So yes, funds always go to/from the sweep account within each acct. number by default.
Once a 4-week T-Bill matures, do you have to place a "sell" order to get the money back in the sweep account or will VG automatically assumes that since it has matured, the money automatically comes back? And if that is the case, when will the fund actually show up? Say you bought the 4-week Tbill announced on Oct 4, the settlement date is Oct 11 (the money is debited from the sweep). Technically the T-bill matures on 11/7. Will the money credit on 11/8 or a few days later? Thanks for your feedback!
Hi I have been following you and love all the videos. Bought I-bonds and T-bills. I bought $20,000 in T-bills for 4 weeks in Nov. It matured on 12/6. But I’m not seeing any profit. Amount I got back is $19,943.69 and interest is $56.31. Added and ut equals $20k. Did I do something incorrect?
Vanguard does not offer auto reinvestment currently. When the T-Bill matures, the proceeds go back to the account you purchased them from (and into the settlement account based on my experience).
Hi Jennifer, with tge 75bp int rate hike today, will that be reflected in treasury auction tomorrow , ie better to order today to take advantage ? Thanks
Thanks for visiting our personal finance channel! We hope this free content will help fast-track your financial journey! Everyone's financial journey is different. Please note that there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances.
>>>> WATCH NEXT >>>>
⭐ Top 9 Things You Should Know About T-Bills: ua-cam.com/video/jIBn3VFkDw8/v-deo.html
⭐ I Bought A $60,000 T-Bill Ladder: ua-cam.com/video/__oqvdtLoiE/v-deo.html
⭐ How To Buy Treasury Bills, Treasury Notes, Treasury Bonds: ua-cam.com/video/rFuiC-UNeMc/v-deo.html
⭐ 6.48% November 2022 I-Bonds: ua-cam.com/video/_l2siokfyok/v-deo.html
⭐ How To Buy An I Bond (step-by-step tutorial) via TreasuryDirect: ua-cam.com/video/adzmox__2zM/v-deo.html
⭐ How Is I-Bond Interest Formula Calculated & When Does It Show Up In Your Account: ua-cam.com/video/9hfHoSijJEk/v-deo.html
💎 Subscribe to our channel for all things inflation, I-Bonds, TIPS, Treasury Bills & long-term sustainable wealth!!
Thanks for the information. I have no idea how to find the link "below" that you reference on the things to know about buying T-bills. Is it possible that you could provide me more info on how to find that link. Thank You
Can Sole Proprietorships buy t-bills. Are there any disadvantages?
Great video. Have you compared the actual rates you are getting through Vanguard versus Treasury direct?
@Diamond NestEgg On the Vanguard bond buy page, what does the: "Max.
quantity**" mean ? The T-bill MAX number is "5000." Does that mean $5,000??? Thanks !!
@@Wfrazee640 ua-cam.com/video/jIBn3VFkDw8/v-deo.html
Your presentations set you apart from the rest. Clear, concise, supported by excellent graphic hints, and delivered with just enough energy to keep us tuned in. Thank you.
Your presentation is excellent and I appreciate that it is from the viewer's point of view. You covered everything a buyer needs to buy a T bill.
Aloha! Thank you so much for your videos and explanations. I have a SEP IRA in Vanguard and start my first RMD this year. Since watching your videos I have purchased my first CD (15 months @ 5.60%) and today my very first T-Bill (3 mo.) and the purchase price is $98.66. The remainder of the cash is in Vanguard Money Market at a current rate of 5.27%. My wife and I feel very comfortable with our money completely out of stocks and into these instruments. I only hope that rates for savings stay above 4% but we will wait and see. Mahalo for your educational videos
Thank you. I really appreciate the Vanguard new T-Bill buying step-by-step process.
Thanks for the hand-holding! Perfectly detailed.
Just bought my first treasury. Woo-hoo!!!
Glad the video was helpful!
Thanks Jennifer for another great video! Just opened a rollover IRA at Vanguard, so this info is timely for me. Also as one of the commenters below noted, their default sweep account that my funds were initially deposited into-the Vanguard Federal Money Market Fund-has an SEC 7 day yield close to the 4 week Treasury bill (after expenses) and only an 11 basis point expense ratio, which appears to be considerably lower than competing money market funds. While Vanguard doesn't appear to have an auto-roll function for treasury bills and notes like some other brokerages, the yield on my sweep account/money market fund will make waiting a week to reinvest less painful. BTW, I saw after today's auction results were published at Treasury Direct, that the 8 week had a high yield of 3.69% and an investment rate of 3.76%. Not bad for 2 month government paper.
Thanks for sharing & like you said, it's not bad at all for government paper!
@@DiamondNestEgg Is there a way to reinvest existing T-Bills at maturity at Vanguard without waiting for the proceeds and simply purchasing during the next cycle? Since this is a feature at TreasuryDirect, it sure would be nice to have at Vanguard. Thanks!
Once, again, an informative and timely presentation!
I started buying T-Bills at Vanguard after watching one of your other T-Bill videos. I was stumped when there were T-Bills listed on the new issues page, but couldn't be purchased (no "buy" link on the left). I looked everywhere for an explanation and came up bust. That, was, until this video. Thank you for removing the mystery. So much appreciated!
These videos are most helpful. I have bought t bills through Vanguard and treasurydirect. Any one else having trouble with buying t bills on Vanguard using an iPad? I eliminated cross tracking and turned off pop up blockers?
I absolutely love your explanations! They are so helpful and through. You have a way of distilling the information down to an easily digestible form...The various entities that make so called "help" or "support" should take notice of how a pro gives help...thanks so much!!
Thank you for making a video for each of these investment firms. The hand-holding thru the process helps take the anxiety out of it.
Wow. Just fantastic. Great explanations! Just the right amount of detail and explained in such an efficient way. I will be watching many more of your videos.
Thanks you for the series on investing in T-Bills! I watch a lot of instructional videos, and I have to say you have excellent presentation skills-To the point, no distractions, and the important details are all addressed! FYI, if anyone is having trouble getting to buy bonds section of their Vanguard account, it’s because there browser is set to “Block cross site tracking”. If you turn that off, it will fix the problem. It might save others the trouble I went through to figure this out. :)
Glad you’re enjoying our T-Bill series & thanks for the Vanguard tip!
Hi Jennifer , thanks for this video and very informative contents in general ! Fully agree that Vangaurd is matchless ! Extremely knowledgeable and responsive customer care at the same time with least expense ratios for funds . Their Money market pays 2.8% dividend as of now, based on the 7 day SEC yeild rate , which compounds every day and paid monthly , which is comparable (or even better) than the 4 week treasury rate . Since this interest pay out happens every month and gets added to the principal for the next month, the following month earns even more interest. You have secondary market options to trade bonds and CDs as well in Vangaurd. Fidelity customer care wait times are really long and there was no call back option as of January this year and hence I moved away from Fidelity completely. But that was just my experience. At this point, I have consolidated all my investments in Vangaurd and its going great !
First video of yours I have watched. I like the simple yet detailed information presented in a direct format. I usually have to stop myself from skipping around on such a video, but the pase was good and you only said pertinent things. Therefore, it was easy to watch this straight through. I do appreciate that you put out there in the beginning about how you time stamped the video for people like me lol. I hate when channels try to BS to get the watcher to watch straight through or make 10 minute videos that only have at most 5 most minutes of pertinent info. Kudos lol.
Jennifer, Please comment on significance of - "Vanguard has shortened the timeframe to submit auction orders for the 3 and 6 month US Treasury Bills. We will accept auction orders up to 5pm EST, today, May 25, 2023. Vanguard will not accept orders for the 3 and 6 month auctions after 5pm EST, today." even though auction doesn't close until the 30th
I cannot thank you ENOUGH!!! for doing this video! I looked and looked and looked on the vanguard site, convinced it can’t be done. Well, that was because I was using Safari on my IPad. But until this video, I figured it was just Vanguard, so after seeing your video and still couldn’t do it, I then called Vanguard and they explained that Safari won’t work for this process. So now I am on my boyfriends PC and all raring to go! Thank you again, I’m gonna make safe moneyyyyyy!
Hi Jennifer, I opened this video, got into my Vanguard account and followed step by step. I bought a 4 week T Bill. It will Auction on 10/27! This was very helpful. Thank you.
I came to UA-cam looking for this exact video. Thanks!
Wow, best explanation ever! I was so intimidated to start buying tbills, but this was video was exactly what I needed to get me going. Thank you!
What an amazing teacher you are! Thank you 😊
A lot of times, if you are using Apple computers to trade T- Bonds or Bills with Vanguard it won't work. You have to click on safari in the left upper corner, go to preferences, then to "privacy", then disable, "Prevent cross-site tracking".
This is an edit. Having bought bills several times on Vanguard, I have found several different form pages when buying, Only once did it look like the one shown here.
Thank you for sharing your expertise on purchasing T-Bills @ Vanguard😎
Thank you very much for this video on Vangaurd Jennifer. I was really looking forward to it. Very much appreciate it. You are awesome! looking forward to your new videos.
great video thank you jennifer
Thank you Jennifer. You do excellent work! Have a great day.
I am really enjoying your content! You have now done comparisons between Fidelity and Vanguard. Are the interest rates exactly the same for the T-bills for both? Or do they have slight differences?
Thank you, Jennifer! Your steps are very helpful
Such a great video....Thanks, trying to figure out strategy for buying these bills.
Your presentation was excellent and I have subscribed. Thanks.
I've been waiting for this Diamond NestEgg! Thank You!!! 🙌🏻🙌🏻🙌🏻
Jennifer knocks it out of the park
Thanks for taking the time to answer all the questions, Jennifer! On the "Order Details" page of a pending bond/bill purchase, is the "Quantity" in dollars....or the amount of bonds/bills you are purchasing? I think it's in dollars, but they don't show the amount with a dollar sign so I wasn't sure! Thanks again!
I don't have any pending orders at the moment with Vanguard, so can't check what the order details page looks like, but 7:57 before you submit your order, on the review page, it should show you the dollar amount (face value).
Thanks for your detailed explanation. I have found your videos extremely helpful and have been hoping that you would post information on how to effect this purchase from Vanguard.. I'm starting my T-Bill ladder on Vanguard today.
Glad you found the video helpful!
Why go through a third party (more fees) vs buying directly from treasurydirect?
Thank you for posting this. Your videos are terrific
Hi Jennifer, You are awe-inspiring! My question: would you cover buying T-bills on the 2nd market? I heard you explain that you don't recommend it because of the spread. But I would LOVE to understand how it works and what the pitfalls are. Even a short video detailing why you should avoid them would be super helpful to me. How I wish I discovered you two years ago!
It’s already on the list - a lot of folks have asked!
Wishing you great and continued success.
Jennifer, u do terrific job on tutorials, I'll try to purchase 1st ever T-Bill on Vanguard...
Good luck - the tutorial should help guide you through the process!
@@DiamondNestEgg Jennifer - the BUY button not showing....
Thanks for the terrific video.
I don't know if you noticed, but on 10/19 they auctioned a 17-week T-Bill for some reason. I don't know what that was all about, but it wasn't a CMB, and doing an Auction Query, it looks like they never offered that before. I didn't even see it on the Auction Schedule PDF file that you showed.
I wonder if it's going to be a regular thing, or just an oddity.
It’s on my video list for next week
Thank you again Jennifer!
Thanks Jen !! I used yr video and it’s very helpful. THANKS 🙏
As always, another wonderful and instructional video! Is there any advantage in doing the new bills versus the existing/tradable options?
I talk about my preference for buying new issues at auction towards the end of this video: What Is A Treasury Bill 2022 | Top 9 Things You Should Know About T-Bills
ua-cam.com/video/jIBn3VFkDw8/v-deo.html
@@DiamondNestEgg Thanks so much!
This is a great tutorial. However, is there really an advantage of buying T Bills over Vanguard money market? It seems like you’re only picking up 30bps or so. .003 x $100K = $300 and that’s only if you keep this going for at least a year because these yields are annualized. I don’t know, I guess it could be worth it. Seems like you need a bazillion dollars though to really make an appreciable difference in your finances.
Great video. How do we sell back the T-bill, please.
Thank you so much for the great information.
Loved it!! Thank you
Great video! I’m with Vanguard and thanks to you I’m buying t-bills. I think you showed on Fidelity that you can set them to automatically renew when they mature. I wonder why Vanguard doesn’t offer that?
I'm couldn't find the auto roll option on Vanguard either. Perhaps someone else in the community can shed some light on whether this is possible?
Thanks for sharing Gary!
@@DiamondNestEgg no auto roll feature seems basic but i guess they cant make it to easy they rather have you get tired and just put your money back into the sweep account then they can but t-bills with your money just a thought
Thank you--very helpful!
I like the Vanguard website. It’s easy to navigate. But it seems like transactions take longer than they should. For example, I sold some mutual funds. The “Settlement Fund” didn’t reflect the sell for 2 or 3 days. It should be instant in 2023.
That's because most mutual funds need at least one business day to "settle". Vanguard probably then needs 1 - 2 more days to do the transfer from your brokerage/ retirement account(s) to the settlement fund. I've had similar experiences.
Hello,
Nice step by step instructions. I have my solo-401 account with Vanguard, can I buy treasury bills in my 401 account? If yes do I need to keep balance in vanguard money market account?
Very helpful. Thank you.
Thank you for the great video. Does vanguard have auto re-investing?
No
Thanks for all your very helpful videos. Does Vanguard have the rollover feature for t-bills like Fidelity has? Also, on the t-bill maturity date, does the cash just show up in the settlement account or is some other action required?
Vanguard doesn't have a rollover feature from what I understand & on the maturity date, the cash does just show up
Thanks. Very informative video! …so if you buy from VG vs TD you get the same tax advantage and you pay the same fee i.e. zero… But with VG you have to buy in $1000 vs TD’s $100 increments…. Also I would imagine you have greater counterparty risk with VG than TD…??
You're welcome. If you buy from a Vanguard brokerage account online, then yes, you get the same tax advantage.
just saw an auction for a 17 week t bill but it’s not on their schedule spreadsheet. but i’m excited and hope this is a weekly offer so i can buy it as part of my laddering.
I’ll have news on the 17-week soon!
Thanks!
Thanks for the great video! I have a brokerage account, a rollover brokerage account and an IRA brokerage account at Vanguard. What account is best for this? Thank you
Super informative thanks
Hi Diamond thank you so much for your helpful videos and easy to follow presentation, I found your videos through I Bond research and glad I came across this. I had a question. I recently purchased the 52 week T Bill on Vanguard's secondary auction maturing at the end of Jan/2024; my account is showing the cash flow out to purchase the T Bill but not the cash flow in, so my current account balance is $10K less (hopefully that makes sense) than what it was before purchasing. Is this expected or something is wrong?
Jennifer, could you do a video on how to buy treasuries from Schwab? USAA uses them for investments. Thanks
Here you go: How To Buy Treasury Bills On Schwab 2022 | Step-By-Step Tutorial
ua-cam.com/video/mPWiEDlVwsI/v-deo.html
Hi Jennifer! Thanks so much for the video. It helped me to execute my first T-Bill purchase in Vanguard!🎉. However, I see the executed price. How do I calculate the purchase price? I just see an quantity (the amount I told it purchase) and the executed price. I can’t figure it out. 😢
Love your tutorials. So useful. Not to be stupid, but how do you redeem them at maturity? I'm not referring to the secondary market, if 13 week, after 13 weeks what happens? It matures and then what?
Thanks! Once it matures, the proceeds from the 13-week T-Bill would go back to your bank account that you set up with TD or to your brokerage/ retirement account (if purchased via a broker)
Wondeful vedio! So after it matures, I basically have to manually renew the t bill on Vanguard? I assume they can not auto renew. Thank you so much!
What did the message, "the settlement for this order request has been extended beyond the standard settlement date." Mean? What is it telling the purchaser?
Bravo. Thank you!
Super helpful. Is there a resource that explains how to set a t-bill to auto renew upon maturity through Vanguard?
Vanguard doesn’t offer auto-roll/ re-investment
A great video? Thanks a lot for your info. Can I sell my T-Bills bought at auction in the secondary market any time in the future?
Yes
Outstanding!
What is the best 5 year investment to make???
THANK YOU!!
Last time I checked, the online banks give you 3 - 3.16% interest rate in their saving accounts, FDIC insured. What's the point to buy T bills if it only gives you 3-4%? We need at least 5% return....
Taxes would be a reason as I talk about in this T-Bill Must-Knows video: ua-cam.com/video/jIBn3VFkDw8/v-deo.html
Have you found an online bank that pays those interest rates without jumping through a few hoops (direct deposit, credit card spend, etc)?
What does the colors on the action schedule mean? Why are some different colors of yellow, and some have no color? And thank you so much for doing this video. I would not have been able to figure this out myself and I need to park some short term cash and this is perfect.
Glad you enjoyed the video. Not certain if there is a reason/ what the reason is for coloring system
Can vanguard make it more difficult? There redundancies are annoying. How do I buy on their app? Is it faster?
I just used this video to guide me through buying some 4 and 8 week T-bills in Vanguard. QUESTION: The auction is tomorrow, and the settlement date is next Tues (11/08). So, I won't see ANYTHING in Vanguard until the settlement date? I expected to see something under "orders" or at least an email regarding these two transactions I just initiated, but I don't see anything anywhere. I'm glad I at least jotted down the confirmation numbers.
You should be able to see it under pending orders - mine showed up there when we did the tutorial.
@@DiamondNestEgg Thanks! I see them now. I swear they weren't there right after I finished placing the order. ;-)
Can you please make a video on how to purchase T Bills on Merrill Edge platform?
@@garymcfadden2797 that's true Merrill is not an attractive brokerage firm but I have some funds with them and was wondering how to go about putting them into T-bills. The secondary mkt bills are self select and not charged. Primary bills need to go through active trade desk team and have an upcharge
Perhaps in the next two weeks or so
Are T-bills interest rate nominal or real yield?
I'm just learning about T bills. Thank you. Can I name a beneficiary on my t bills at order time?
If you are buying via Vanguard, the beneficiary is set at the account level
Can T Bills purchased through Vanguard be reinvested as on Treasury Direct?
Hello, thanks for all the great info. Does Vangaurd make it easy to resell your t bills on the secondary market? I saw in an earlier video on Fidelity that you could do it by pushing a sell button.
It's similar on Vanguard - go to the T-Bill you own in your account, click on Transact on the far right & there'll be an option to buy/ sell.
Hello, thank you for your help! How to sell them on maturity?
You don’t have to sell if you hold to maturity. At maturity, the proceeds will go back to the account you purchased them from/ your settlement fund.
Great video (s). If i did not check the box to reinvest the T bill at maturity am i correct to assume that it goes back to my settlement fund? Thank you!
That was our experience
Is the "Indicative Yield" for the term of the t-bill or is that for a year? For example, does a 1-month t-bill actually yield 3.5% in a month?
I had really bad luck when I tried this... I logged in to Vanguard on the auction announcement date and they had no t-bills available to purchase... maybe they are opening up the purchases early... before the announcement dates?... and then they are sold out? ... it's strange... I can't tell when the right time is to check for them... Vanguard seems to be going downhill...
This video on when T-Bills are available for purchase should help: ua-cam.com/video/xZr6EWkVJw0/v-deo.html
Hi Jennifer, thank you so much for informations. I have a question, can I buy Treasury direct on Vanguard mobile?
I haven’t tried doing it this way, but I have seen some comments from folks mentioning issues when they tried on their mobile app.
Thank you, you always have what I need. I know Vanguard is a small company, but why couldn't they supply a video like this?
Small? One of the biggest players. Several trillion $$$ under management. Question is still valid. Or even more valid.
@@coloradopav A little sarcasm
@@coloradopav just checking to see if everybody is awake.
When I go on vanguard, I hit quick search ,find the Treasuries line, chose the length of time I want. It come up with many choices of treasuries with different yield, discount and maturity date. Is the yield or discount more important? How do you choose? Thanks!
Would it be fair to assume that if the Fed raises rates by .75% on Nov 2, the yields on Treasuries would rise shortly thereafter pushing most yields above 5%? Or are there more complex factors involved that dictate how much higher, if any, the yields would rise? Great site BTW. Thanks.
Yes! I’d love to know the same!
It really depends on what the market has already priced in - basically, it’s anyone’s guess at this point
Very educational videos. I may buy a T bill through my Vanguard Roth IRA. When it matures, do I have the opportunity to reinvest the principal and the interest or does the full amount go to my sweep account or personal bank account? I would like everything to stay in my IRA.
I’m not quite sure. I just opened a Vanguard account recently for the tutorial because folks in the community asked for it. Perhaps others in the community might know?
@@DiamondNestEgg Thank you. I hope someone will respond.
Each of my vanguard account(s); taxable brokerage, Traditional IRA, ROTH IRA all have their own sweep account(s). So yes, funds always go to/from the sweep account within each acct. number by default.
@@wagsgirl5820 Thankyou so much.
Is it better to buy on auction or secondary market for T-Bills?
I talk about my preference for auctions towards the end of this video: ua-cam.com/video/jIBn3VFkDw8/v-deo.html
Thank you! Is there an auto roll option with Vanguard?
Unfortunately not at this time
Actually just looked it up and NO there is not an auto-roll option with Vanguard.
Once a 4-week T-Bill matures, do you have to place a "sell" order to get the money back in the sweep account or will VG automatically assumes that since it has matured, the money automatically comes back? And if that is the case, when will the fund actually show up?
Say you bought the 4-week Tbill announced on Oct 4, the settlement date is Oct 11 (the money is debited from the sweep). Technically the T-bill matures on 11/7. Will the money credit on 11/8 or a few days later? Thanks for your feedback!
You don't have to sell it - the proceeds just went back to the account I originally purchased it from
@@DiamondNestEgg thank you!!
Vanguard told me they don't have a way to automatically reinvest T bills. You have to do it manually.
Thanks for sharing the info
Question: Once the bill matured, will I get back the face value into my settlement funds in Vanguard ?
Yes
Half my savings are in IRA,s. Will you be doing anything on investing IRA,s?
I'll be posting more investing videos in general - some of them may make sense for your IRA depending on your circumstances.
Hi I have been following you and love all the videos. Bought I-bonds and T-bills. I bought $20,000 in T-bills for 4 weeks in Nov. It matured on 12/6. But I’m not seeing any profit. Amount I got back is $19,943.69 and interest is $56.31. Added and ut equals $20k. Did I do something incorrect?
It sounds roughly correct. Here's the video explaining how T-Bill pricing & interest works: ua-cam.com/video/keerkA4XaIk/v-deo.html
You often mention something is shown below?? Where and how do I find?
It’s in the description box for the video
Why vanguard Treasury bill interest rate is higher than Fidelity's for the same term?
If I had to venture a guess, I'd say a primary reason would be supply vs demand
I didn't see in the video any option for auto reinvestment or transfer back to a savings account at settlement. Is that available with Vanguard?
Vanguard does not offer auto reinvestment currently. When the T-Bill matures, the proceeds go back to the account you purchased them from (and into the settlement account based on my experience).
where do you see the interest rate AFTER buying??
On the TD site
Warning on Vanguard!!! New cash coming into Vanguard is put on a 7-day hold.
We had the same issue
Hi Jennifer, with tge 75bp int rate hike today, will that be reflected in treasury auction tomorrow , ie better to order today to take advantage ? Thanks
It's a bit late now for me to answer this, but stay tuned for this week's video. Should help inform more of your overall decision-making process.