05-15-2009, 03:34 PM
Quote:It's a kind of loan, like a bond.
This bears repeating: not a sort of stock, a sort of bond. Do not buy stock in the USG, it operates in the red every year. No dividends, not even a peace dividend.;)
Quote:US treasury bills are generally considered the safest possible investments, on the idea that the US is a powerful, stable country that is highly unlikely to back out of its financial commitments. There is also very little speculation about their worth: it says right on the bill what you're going to get for it, so there's very little market in guessing their value.
Their resale value rises and falls, in the secondary market, as interest rates go up and down compared to the rate at which the bills are or were purchased.
Occhi
Cry 'Havoc' and let slip the Men 'O War!
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete
In War, the outcome is never final. --Carl von Clausewitz--
Igitur qui desiderat pacem, praeparet bellum
John 11:35 - consider why.
In Memory of Pete