Quote:
Originally posted by bobmsmythe
If this is money you can definitely put away for two years or more and not touch, it might not be a bad idea to put it in a government treasury bill. It won't pay as much as corporate debt, but you won't have to get a broker *and* it will be backed by the U.S. government. You might look into EE Bonds, the minimum investment is just 25 bucks and you can get your money back, plus interest, in just 12 months. If you think inflation is going to rise (which I don't) you can also do the I bond, which is fixed to inflation.
Bob [/B]
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'Nother broke college student here.. can you tell me more about treasury bills (what are they, min investments, time ranges, interest rates), and EE's? what IS an EE bond? it's really just 25 bucks? Is there some kind of fee that is involved w/ investing money like this? What do I have to do to buy bonds? I can't seem to get the couple hundred needed to open a savings acct. I know that paying off interest is high priority, but really, I'm living hand to mouth till I can finish my degree and get working full-time.