Banks Aren’t Safe Anymore! Here Are 5 Places to Keep Your Money

bank
Photo by rarrarorro from Shutterstock

4. U.S. Treasury Bonds

The T-bonds are probably the safest solution to keep your money. Treasury bonds are one of three types of government securities, along with Treasury bills and Treasury notes.

Be sure that the U.S. Treasury and the Federal Reserve would be more than glad to keep your funds. T-bonds also have the highest interest rates among the three government securities. You have to know that they are offered for investment with maturities of 20 or 30 years.

Treasury bonds are sold in multiples of $100 at monthly online auctions hosted directly by the United States Treasury. T-bond holders get a fixed interest payout every six months.

Though it is true that bond rates are lower in times of crisis, this is still the safest way to keep your money.

< 1 ... 34 5 6>

Leave a Comment

Your email address will not be published. Required fields are marked *

Latest

You might also be interested in :