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Author: DeltaOne81 Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35362  
Subject: Re: Treasury Direct vs. Vgd. for Tbills Date: 6/21/2006 1:23 PM
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I've just bought some 6-month Treasury Bills through TD, and all has gone smoothly so far. However, as my HSBC Online Savings Account is now paying 4.8% with no notice for access to my money, I will probably keep other funds there.

It depends on how much you value liquidity, but the Treasuries are currently trading at 5.22% APR = 5.30% APY. With 5% state tax savings, that 5.58% tax equivalent yield. Still well above savings accounts. Never know for sure what the yields will be next week though.

If you do value the liquidity alot, and you have, say $2K in your efund for each month of your goal (i.e. $12K for a 6 month efund), you could always just do $1K in T-Bills, so you split the difference.
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