Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 09-01-2022, 10:50 AM   #41
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
Time to set up trading privileges as agents for each other.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 09-01-2022, 10:56 AM   #42
Full time employment: Posting here.
Vincenzo Corleone's Avatar
 
Join Date: Jul 2005
Posts: 540
Quote:
Originally Posted by JoeWras View Post
As I mentioned, when there is a Monday holiday, Vanguard ignores their own word "open" and delays the actual open by a day.

BTW, for those who like auctions and want to put in orders way ahead (months), Treasury Direct allows it.
That explains it. Thanks.
Vincenzo Corleone is offline   Reply With Quote
Treasury Bills, Notes, and Bonds Discussion
Old 09-01-2022, 11:02 AM   #43
Thinks s/he gets paid by the post
Dash man's Avatar
 
Join Date: Mar 2013
Location: Limerick
Posts: 4,811
Treasury Bills, Notes, and Bonds Discussion

Quote:
Originally Posted by audreyh1 View Post
Time to set up trading privileges as agents for each other.


AhhhhÖ.learned something new! Thank you!
Do I have to have my own Fidelity account? All my stuff is at Schwab.

And I just placed the order!
Dash man is online now   Reply With Quote
Old 09-01-2022, 11:08 AM   #44
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
Well, I’m not sure. Maybe not. Your wife would have to talk to Fidelity about adding you as an agent. Then they would have to give your your own login.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 09-01-2022, 11:10 AM   #45
Thinks s/he gets paid by the post
 
Join Date: Feb 2021
Posts: 1,601
Quote:
Originally Posted by Dash man View Post
I know. Itís just a pain for me today since my DW is away with her sisters for the weekend. Itís her IRA account, and without her phone I canít log in
Is that because of 2-factor authentication? Can't she just tell you the code when she gets it? We do that on various accounts of ours all the time, both financial and non-financial (like Amazon).
disneysteve is online now   Reply With Quote
Old 09-01-2022, 11:15 AM   #46
Recycles dryer sheets
 
Join Date: Feb 2019
Location: NC
Posts: 427
Thanks all for the new thread.

For the first time ever (find myself saying this a lot during the current volatile market ) I bought a little Treasury zero coupon today on Fidelity (secondary) but don't have a clue how to buy on auction.

For 5-6 month duration the Treasury rate comes out a little higher than CD.

I like it!
Born2Fish is online now   Reply With Quote
Old 09-01-2022, 11:27 AM   #47
Thinks s/he gets paid by the post
Dash man's Avatar
 
Join Date: Mar 2013
Location: Limerick
Posts: 4,811
Quote:
Originally Posted by audreyh1 View Post
Well, Iím not sure. Maybe not. Your wife would have to talk to Fidelity about adding you as an agent. Then they would have to give your your own login.

Thanks, Iíll ask her to email him to see if itís possible. If we call him, itíll be an hour of my life I wonít get back. He loves to talk.
Dash man is online now   Reply With Quote
Old 09-01-2022, 11:35 AM   #48
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 9,418
ALERT! T-Bills up on Vanguard and Fidelity!

Maybe the delay is more about activity than holiday. I don't know. Starting to doubt myself. Doesn't matter, let the buying begin.
__________________
Retired Class of 2018


JoeWras is offline   Reply With Quote
Old 09-01-2022, 11:43 AM   #49
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
The auction won’t happen until Tuesday next week so no rush.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 09-01-2022, 11:57 AM   #50
Thinks s/he gets paid by the post
RetireAge50's Avatar
 
Join Date: Aug 2013
Posts: 1,607
Quote:
Originally Posted by Vincenzo Corleone View Post
I just attempted to by a 1-year T-Bill on Vanguard at auction. The auction schedule on Vanguard showed that the auction was open on 9/1/2022 (today), but it didn't show any details, nor did it allow me to select it in order to buy it. Anyone know why?

It is there now. Placed my order about 10 minutes ago.
RetireAge50 is offline   Reply With Quote
Old 09-01-2022, 12:26 PM   #51
Full time employment: Posting here.
Vincenzo Corleone's Avatar
 
Join Date: Jul 2005
Posts: 540
Quote:
Originally Posted by JoeWras View Post
ALERT! T-Bills up on Vanguard and Fidelity!

Maybe the delay is more about activity than holiday. I don't know. Starting to doubt myself. Doesn't matter, let the buying begin.
Thanks for the heads-up. Just placed my order.
Vincenzo Corleone is offline   Reply With Quote
Old 09-01-2022, 12:29 PM   #52
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 16,396
Quote:
Originally Posted by JoeWras View Post
ALERT! T-Bills up on Vanguard and Fidelity!

Maybe the delay is more about activity than holiday. I don't know. Starting to doubt myself. Doesn't matter, let the buying begin.
The six month is where it has been for a week now (3.32%). What are you referring to?
__________________
Everyone has a plan until they get punched in the mouth...philosopher Mike Tyson
aja8888 is offline   Reply With Quote
Old 09-01-2022, 01:06 PM   #53
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
The six month yield has been increasing all week thus far. It’s up to 3.373% now.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 09-01-2022, 01:09 PM   #54
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 16,396
Quote:
Originally Posted by audreyh1 View Post
The six month yield has been increasing all week thus far. Itís up to 3.373% now.
Maybe the yield curve has not been updated then? 6 moth shows 3.32%.

https://www.ustreasuryyieldcurve.com/
__________________
Everyone has a plan until they get punched in the mouth...philosopher Mike Tyson
aja8888 is offline   Reply With Quote
Old 09-01-2022, 01:17 PM   #55
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
I watch the treasuries trading via the CNBC app.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 09-01-2022, 01:19 PM   #56
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 16,396
Quote:
Originally Posted by audreyh1 View Post
I watch the treasuries via the CNBC app.
__________________
Everyone has a plan until they get punched in the mouth...philosopher Mike Tyson
aja8888 is offline   Reply With Quote
Old 09-01-2022, 01:45 PM   #57
Thinks s/he gets paid by the post
 
Join Date: Jan 2014
Posts: 1,107
Quote:
Originally Posted by aja8888 View Post
Quote:
Originally Posted by JoeWras View Post
ALERT! T-Bills up on Vanguard and Fidelity!
The six month is where it has been for a week now (3.32%). What are you referring to?
I think he means the 13/26/52 week T-bill auctions announced today (9/1) have "appeared" on the brokerage trading platforms. I do not believe "up" is referring to the direction of yields.
MBSC is offline   Reply With Quote
Old 09-01-2022, 02:40 PM   #58
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 33,004
That’s right, JoeWras meant that the T-bills for next week’s auction were now available for placing orders.
__________________
Retired since summer 1999.
audreyh1 is online now   Reply With Quote
Old 09-01-2022, 07:35 PM   #59
Recycles dryer sheets
Graybeard's Avatar
 
Join Date: Aug 2018
Posts: 405
Maybe I am making this harder than it is but I am confused. If I wanted to buy a T bill via my Vanguard brokerage in the secondary market, there are so many T bills so what criteria do you use to decide which one to buy?

Are all T bills and notes that will mature on the same date going to have the same yield whether they were originally a 4 week, a 13 week, a 1 year or a 2year treasury? Do you have to analyze the bills/notes to see which have the higher yield or lower price? I do understand that we buy T bills at a discount whereas notes pay interest every 6 months.

For example, if I wanted something that matures in 30 days is there some analysis to determine which bill or note is the better buy? Better might be a lower cost or have a higher yield or both?

I like the idea of being able to go in and just buy something vs the waiting for days when buying via auction so the secondary market sounds like it is convenient, quicker result. However, it is unclear how this is done correctly on the secondary market.
Graybeard is offline   Reply With Quote
Old 09-01-2022, 07:44 PM   #60
Thinks s/he gets paid by the post
Dash man's Avatar
 
Join Date: Mar 2013
Location: Limerick
Posts: 4,811
Quote:
Originally Posted by Graybeard View Post
Maybe I am making this harder than it is but I am confused. If I wanted to buy a T bill via my Vanguard brokerage in the secondary market, there are so many T bills so what criteria do you use to decide which one to buy?

Are all T bills and notes that will mature on the same date going to have the same yield whether they were originally a 4 week, a 13 week, a 1 year or a 2year treasury? Do you have to analyze the bills/notes to see which have the higher yield or lower price? I do understand that we buy T bills at a discount whereas notes pay interest every 6 months.

For example, if I wanted something that matures in 30 days is there some analysis to determine which bill or note is the better buy? Better might be a lower cost or have a higher yield or both?

I like the idea of being able to go in and just buy something vs the waiting for days when buying via auction so the secondary market sounds like it is convenient, quicker result. However, it is unclear how this is done correctly on the secondary market.

There are differences in price that different people ask for. The better prices often require purchasing larger amounts. I was looking to fill a one year gap in my ladder and most required $250k or more minimums for the best deals. I decided to put it for the auction.
Dash man is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 12 (3 members and 9 guests)
Dreamer, freckles1061, Golfho
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Question re: buying treasury bills thru Treasury Direct lucky penny FIRE and Money 7 04-19-2022 04:39 AM
Treasury Bills Notes Bonds Co-Ownership CaptainO FIRE and Money 7 04-15-2018 05:31 AM
when are treasury bond etf's not treasury bond etf's ? mathjak107 FIRE and Money 1 07-20-2015 08:26 AM
treasury notes gerrym51 FIRE and Money 2 04-18-2013 01:59 PM
CD or Treasury bills and notes? Natalie FIRE and Money 4 07-14-2003 08:46 PM

» Quick Links

 
All times are GMT -6. The time now is 10:07 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.