Totally understand what you are saying regarding the potential loss. Does anyone know the sharpest drop in Treasury Bills? Just went here: https://www.treasury.gov/resource-cente ... &year=2008 to look at what happened in 2008.dualstow wrote: ↑Fri Nov 29, 2019 3:29 amI’m accumulating, too. But, imagine you suddenly need to use cash at the same time that five-year treasuries sharply decrease in value. How mature is that ladder? How many of those treasuries can you really sell in a pinch without much of a loss?
It’s not the same as a treasury mm, from which you can withdraw what you need and a share = $1. If you’re really going to go five years out, maybe you had better go with those CDs with low penalties.
HUGE drop for 1 YR Treasury Bills
01/02/08 started at 3.17%. 12/31/08 ended at 0.37%. A drop of 2.7%! Of course, an EXTREME. But NO guarantees we don't experience the same (or WORSE!) again.
Vinny