No. of Recommendations: 0
We have a number of Treasury Notes that are currently worth substantially more than the face value. For example, one that earns 5+ percent and matures in 2004 is quoted as being worth more than 8% more than face value. These are in an IRA so capital gains is not an issue. Especially if these get to 10% more (and with continued lowering of the Fed Funds rate, they might), I sort of feel I should do something, but these are supposed to be safe money. It is hard to get Treasury notes anymore, but, if I get one at say 2%, I would still draw even by keeping the 5 yr note in a couple of years. Of course it is likely that interest rates will be rising by that time, if not before. A part of me says I should sit tight, but another part of me says there should be something smart I could do. Then again I don't want to outsmart myself. Any suggestions?

brucedoe
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement