[VanShuyten]

Treasury Direct already allows individuals to buy bonds directly from the government. All this does is remove the due date of the bonds and replace that with your age.

There are also many mutual funds that are solely inflation-proof treasuries. I don’t see how Obama’s MyRA is any better than these.

[taildragger]

Treasury Direct already allows individuals to buy bonds directly from the government. All this does is remove the due date of the bonds and replace that with your age. There are also many mutual funds that are solely inflation-proof treasuries. I don’t see how Obama’s MyRA is any better than these.

Worse, you could partake in the various sharebuilder arrangements that allow you to by fractional shares on a regular basis for low cost if my memory is correct, and they are your dividend paying types that reinvest the divi's. The low information voters sad to say are clueless on these other options, just the way Obama and the NEA want it...

[MRadtke]

“Treasury Direct already allows individuals to buy bonds directly from the government. All this does is remove the due date of the bonds and replace that with your age.

There are also many mutual funds that are solely inflation-proof treasuries. I don’t see how Obama’s MyRA is any better than these.”

I don't either. After about ten years or so the stock funds would likely be up a lot more than the bond funds. Not a very good investment for a young person to put their money in.