A Safe Place To Invest

U.S. Treasury Bills are as safe as you can get. They have priority over Treasury Notes and Treasury Bonds, and they pay a rate of interest about as good as most CDs and money market accounts.

The interest you collect is exempt from state income taxes, and T-Bills pay you the interest up front.

You can invest your money for as little as three months, six months, or a year, and you can invest and re-invest by mail. You can also specify how many times you want to renew the term of the T-Bill.

And here's another point to consider: A T-Bill is a traded commodity, just like a corporate stock. You can always sell it if you should suddenly need the money.

Your bank or stock broker can purchase T-Bills for you if you wish. Or, you can contact the Federal Reserve Bank and handle the transaction yourself. And you can also go to Treasury Direct on the Internet to invest at no charge.

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