I just bought 17-week treasuries at just over 5%. Where else can one do better in something that's relatively liquid, especially considering that the 5% interest is exempt from state tax?
Agree—great move for capital preservation.
We can profit from .gov evil and stupidity.
As long as you stay short term you can ride the wave wherever it goes.
Stocks are still good, if rates slip I'd prefer 2-5 year notes.
Tax-free Muni bonds. States and cities are highly motivated to pay healthy yields, even if everything else goes into default, because those yields are just a fraction of the principal they can use.
So find a respectable bond fund and solely invest in Munis.
Exactly. We have a couple of different variations in T-bills...all 5%+. Not a perfect scenario but, at our age, we hesitate to put cash in riskier investments. Stock market is on a roll right now...but it could’ve just as soon gone in the other direction. No state tax on T-bills is a modest but pleasant little kicker. Saves us about 5% on the interest earned. The short-term nature of T-bills is another nice characteristic. So far, we’re just rolling them over.