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What about brokered Bank CDs? Who owns those when transferred on the secondary market? Is there an industry wide book entry system for those too?

Thank you very much! I didnt know The Commercial Book-Entry System existed. Interesting. Thank you

When you buy a treasury from the government, YOU own the treasury as the transaction is done between you & the government. Who owns it when a treasury it bought on the secondary market thru a broker? Does the government even know the ownership has changed? Who really owns it? You? Your...

In the current environment, though, when rates "should" be falling later this year, a CD or Treasury gives a way to lock in a rate (granted they are priced for the upcoming fall) than a MM which will fall.

I posted a thread about this a while back & it seemed pretty unanimous that Treasuries make more sense over bank CDs as they are state tax free & are marginable. I was just thinking... What about in an IRA or other retirement account? Since those accounts are non-marginable anyway, and...

I am not looking to sell the SPY I have, just looking to out of the money covered calls to gain more income.

I just found out brokers allow covered calls in a Roth IRA. Currently I only hold SPY in my Roth IRA. What is a good strategy to use for covered calls to add some juice to the returns I get from SPY? Anyone have any good ideas? I know what a covered call is by definition, but not a good strategy...

Since the interest on T-Bills is state tax free, it seems odd that ETFs like BIL that only contain T-Bills require you to pay state taxes on the monthly distributions. Thoughts why that is so?

For me 2022.

What about if the holder dies? Would it be easier to get the CD cashed than a treasury?

What benefits does a Bank CD have over a treasury?

The job of the Fed does not include insuring the cost of higher interest rates to the US Govt on the National Debt does not explode. Obviously, high interest rates do that though. We have all seen the charts of how much the interest payments, as a percent of the budget, explodes up with...

Actually, if bought thru a broker, you can usually get margin on them to make intraday trades. Overnight holds would require margin to be paid. This is at some brokers. Gotta check the specifics of the one(s) you use.

are you talking about these? https://www.ishares.com/us/strategies/bond-etfs/build-better-bond-ladders Are they tax free like treasuries? Thinking if just buying treasuries on the secondary market thru a broker would be better than these ETFs. Thoughts?

So far, looks like I was correct.

Thank you. I couldnt find it in the prospectus or any website.

Interest from T-Bills are exempt from state taxes. Are the monthly distributions from symbol BIL free of state taxes?

The fall is really picking up steam now.

Was I right?

Am I right?