I need some help with treasury bills

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  • #84930 Reply
    Jenny

      I went into vanguard and set up to buy at auction. I chose our brokerage account and it looks like it is set up to buy. Usually, when making other transactions, vanguard asks if you want to pull the money from your settlement fund or move money from your bank account.

      They didn’t ask me this with the 6 month Tbill. Will they come back and ask later?

      I can’t imagine they would sell the money I have in there to buy them. I didn’t have any money in our settlement fund, although I did move some after I set up the transaction. I confused.

      Thank you

      #84931 Reply
      Tony

        Just use Treasury Direct. No fees either.

        #84932 Reply
        Daniel

          I would just call Vanguard. I can’t imagine they would sell invested funds in a brokerage, so my guess is that this would come out of your bank account? But hard to be sure without seeing exactly what happened / asking them directly.

          Useful: TreasuryDirect updated their website so you can copy/paste a password in

          #84933 Reply
          Zac

            Fidelity is the answer, unless you enjoy antique user interfaces.

            #84935 Reply
            Frank

              I would just use a fund like VUSB at Vanguard. Buy individual t-bills from treasury direct.

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