How To Buy T-Bills On Fidelity | Treasury Bills 2023 (Secondary Market)

[@DiamondNestEgg]

Thanks for visiting our personal finance channel! We hope this free content will help fast-track your financial journey! Everyone's financial journey is different. Please note that there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances. >>WATCH NEXT ⭐ Four Reasons For Buying T-Bills In The Secondary Market: kzbin.info/www/bejne/oWKsd4qOoq-HiM0 ⭐ Top Four Brokers For T-Bills: kzbin.info/www/bejne/m6KZaZSCaLeLrsU ⭐ My New $60,000 T-Bill Ladder: kzbin.info/www/bejne/apjEdaaEjtGrd5o ⭐ Brokered CDs vs T-Bills: kzbin.info/www/bejne/sJmomqyNZ7Nqgac ⭐ T-Bill Rates, Pricing & Interest | High Rate vs Investment Rate: kzbin.info/www/bejne/oZbIo553ab2Uf80 ⭐ T-Bill Auction Schedule | When You Can Buy New Issue T-Bills: kzbin.info/www/bejne/rovVZ3iNoLt9rZI ⭐ China & The Fed Are Dumping Treasuries - Should You: kzbin.info/www/bejne/j6jPo2OAnrmNg80 ⭐ T-Bill Must-Knows: kzbin.info/www/bejne/oHqln2aMe9B3rZo

[@rso1411]

You're my go to channel for finance information on I and T bills. Thanks for all your hard work on shooting, editing, and posting these informative videos.

[@gus.smedstad]

The minimum quantities on Fidelity's T-bill page were really throwing me. It wasn't clear at all how I could purchase, say, $50,000 in T-bills, rather than a $1 million or so. Seeing that you can select an issue even when you don't meet the minimum was really helpful.

[@rarmando86]

I never thought about investing in bonds and T-bills until I found her videos lol and now I’m like Why did no one tell me about this before !

[@warrenrox]

Way better, more in depth, and clearer than the other 2 videos I saw about this. Thanks!

[@jaybrown6174]

You are the best at showing how to buy and sell bonds! Thank you for your great videos!

[@aaronwilliamson4045]

Thanks for the tutorial.. Looks like I have been buying correctly.. Did learn a thing or two. I have not sold, and plan to hold to maturity, but if i did ever want to sell you helped me see how this would work... Have not sold bonds on fidelity since the 2008 crash. Thanks again..

[@EricMcDowellegm]

I love your step-by-step videos, Jennifer. Thanks so much for what you do!

[@67NewEngland]

- 7:28 why does the ask minimum info still show (250) if you sought out and selected a (1) minimum treasury?

[@jsilverback3795]

Jennifer, you are making life easier for me again. I always seem to learn something new. Thank you for being here.

[@zuojane3805]

Thanks, just followed your detailed instructions, I bought some T bills today… 1st time, feel opened a whole new world 🌎…..

[@i_love_god10]

This channel really needs more attention! This is a hidden gem. I don't know why it's not famous yet!

[@efarney1]

Wow, thank you for making such an amazing and informative video!! This was immensely helpful. Quick question: When you buy in a secondary market like Fidelity, do the T-Bills automatically come to maturity and then sell? Or do you have to manually go into Fidelity at the time of maturity and sell using the steps you showed at the end of the video?

[@yunsongwu6589]

T-Bills will automatically come to maturity. You will get the cash in your fidelity account after the maturity automatically.

[@kirkhamster0024]

So once it matures, do I get all my money automatically from fidelity or do I have to go thru the hassle of selling them?

[@JoeyJoeJoe1970]

Top notch explanation. Clear, concise. Gives me confidence to go forth into T-Bills. Thank you!

[@yc736]

This video is great! Your description is so clear.

[@rajk9634]

You seem to anticipate what I am looking for ! Thank you.

[@keysame2309]

I never bore watch any of your videos so information thanks

[@jenniferlanouette164]

Thank you. This is very clear. I really appreciate the effort you put in.

[@excolso]

EXACTLY the info I've been looking for, laid out so clearly. Really de-mystifies things for me. Thanks so much!

[@cookingchacha388]

Love this video! Easy to follow step by step guide and also have a clear and engaging voice. Unlike other videos that make me sleepy when I watch them because of the speaker's voice.

[@MFGH0ST]

Thank you so much! Great video. Appreciate you spreading the knowledge

[@evettemora4645]

What if there's no ask price quantity for 1000 (1) dollars when trying to buy t-bills with fidelity?

[@Ro_sells_the_QC]

Having the same issue...I'm on Fidelity @10:30pm EST 10/9/2023. I've "View complete Depth of Book and Recent Trades" on every bill with a 0.00 coupon and can't find any that have '1' in the parenthesis. Do I need to go on earlier next week?

[@vannevar50]

Jennifer, super video for all of us super savers! You are a master instructor-your "how to" videos are simply brilliant. Thank you.

[@craigstar694]

wonderful video! so clearly explained....

[@kakown]

thanks for your videos. i still learning how to trade on Fidelity. Can you show what happens when the t-bill matures so that you get back the face amount?

[@buffymcmuffin5361]

Thanks for posting this!

[@bstephenson5684]

8:22 is there an explanation of the 1st 4 columns? Or last price, todays gain /loss, etc. can I use this information to determine when to sell to make a profit? Thanks!

[@wiggysshop9890]

Thank you very much for making this video.

[@BorisLikesBonds]

Well done, as always! 😊 I would love to see you dive into corporate and GSE bonds and other fixed income instruments to hear your insight on them. 👍

[@Mike-dt1yg]

Agreed. Corporates and munis next!

[@brianosauras]

Great video! Concise, well narrated, articulate and great targeted screen mirror graphics. Most fools babble, jump all around and are hard to understand. You are spot on!

[@kmazziotta]

When you sell T-bills on the secondary market, when is the cash available for reinvestment (e.g., in a stock)?

[@c0oldugg1r]

Very comprehensive and to the point, excellent video !

[@baronislove3063]

i tried this, and there is no option anymore for 1k tbill, the min is 50 after pressing the more quotes -depth of book from fidelity

[@craumm]

Love it! Thank You :)

[@John-nr6fs]

Excellent and practical way explaining the buy and selling T Bill. 👍

[@elle6397]

Love your videos, Jennifer. Recently subscribed and recommended your channel to others as well

[@DiamondNestEgg]

🙏

[@TheCEOXPerience]

@Diamond NestEgg thank you for this. my question is : if I buy 1000$ of a 3 month t bill , with a 4.8% , how much am I collecting exactly at maturity? and if I am only collecting at maturity, does the sell happen automatically or do I have to go in a sell it manually?

[@novola1972]

Thank you so much, it was very helpful

[@northjerseykevin3915]

Thanks for the video 👍🏻👍🏻

[@ayedee6709]

How do you not have your own TV show? Your instructions are just straight to the point and easy to understand. Thank you so much.

[@LarryDickason]

Jennifer, Is there a 3 day settlement period when I sell my T-Bills before I can redeploy that capital? Another question on an unrelated topic: For asset allocating, how are convertible bonds (those which can be converted into common stock) categorized - as fixed interest, or as equities?

[@bradleynorton3365]

Very well done video. Thank you.

[@john-ze7eu]

When the tbill matures, is it automatically liquidated by Fidelity and deposited into your Fidelity money mkt holding acct? Or is it rolled over into another bill??

[@JimmyDay]

I'm wondering the same. What happens / what should be done with them after maturity?

[@michaelberta4943]

Great video. You just earned yourself another sub & a thumbs up.

[@MidCenturyMikey]

Love your channel and the step by step. What is the difference between buying T-Bills w/Fidelty and the Fidelity Cash Managed Account at 4.26%?

[@Parallax359]

thank you for your time

[@bridgbridg1382]

Thank you for these videos, I've never bought TBills and am nervous about what all this means. Your step by step makes me feel better about dipping my toes. Your insight on I Bonds have been A+ 😊

[@kexiinttt]

pretty clear! love it

[@nancynguyen7189]

Can you explain what the "coupon" column mean on The Treasury Search Results?

[@jbjohnson4728]

What does the "coupon" column mean?

[@RAIDERSJUSTWINBAYB]

Jennifer’s so awesome 👏 thank you for making sense of it all for us 🙏😊

[@doinitlive3015]

Great video. Can you please make a video on how to transfer tnotes from Treasurydirect to Fidelity?

[@leeharrell777]

Love it!

[@athenatong3768]

Thank you!! Which video shows how to buy at auction? Is auction usually a better rate?

[@DiamondNestEgg]

How To Buy Treasury Bills, Treasury Notes, Treasury Bonds | Fidelity & TreasuryDirect (Step By Step) kzbin.info/www/bejne/qHfYmnZjirOYg8U

[@mekaleka22]

Thank you so much Jennifer!.. I have become a huge fan.. You have taught me so much with your videos, that I did it and purchased my first TBill on Fidelity today!.. I have questions regarding Treasury Direct regarding that form they want mailed in that you were showing on a previous video that can take 12 weeks to get an answer with... Could you explain when and why a mail in form would even be needed in this day and age?.. I am afraid to even use Treasury Direct now..

[@Centroid888]

When you buy a T-bill through fidelity and hold it to maturity do you automatically get whatever the yield percent is? I know it's a beginner question, pretty new at this thanks.

[@JoeyJoeJoe1970]

What if the complete depth of book does not contain the option to buy one bond, for example? Do you have to keep hunting and pecking around until you find a minimum quantity that works for you?

[@firstlast7168]

i am new to this and does not have a good grasp of things like what is the difference between buying from treasury directly and from the secondary market; say, if i hold it to maturity, does the face value of the treasury bond change to reflect the pricing in the secondary market? or the face value is guaranteed by the government, so the yield does not change from the moment I purchased it from the secondary market if i hold it until maturity?

[@alexadams1627]

Jennifer, thank you for the video! I would have never figured it out by myself.

[@JSYoutuber2]

So awesome. Thanks for walking us through this. I had to sell a T-bill that renewed because I forgot to turn off Auto-Roll. Mostly because its not obvious on fidelity how to do that. (You turn off the alert for it). It was easy to sell and the negative effect on my earnings was minimal. I actually sold it the day it settled. A warning though, I bought a CD thinking I could sell it as easily and that is often not the case for CDs. One of my cd's would lose hundreds from what I see in the depth of book and the other can't even sell without a call to fidelity. So I am sticking to T-bills for that reason.

[@aaronwilliamson4045]

This is why i don't like auto-roll...

[@fortunado66]

Before seeing this video, I thought that all T Bills on Fidelity had a minimum quantity of 100s or 1000s of purchases. This video should be in Fidelity's help section. This is the only way for the small investor to buy T Bills on Fidelity. Thanks for going through the details.

[@benole51]

Thank you!!

[@davidb5260]

So to clarify the money I invest in t bills are considered tax free until I withdraw or take a distribution from the account/sell?

[@MrAerialsound]

Great info. Can I buy and sell tbills in my Traditional and Roth IRA account?

[@najsp4736]

Thank you for sharing your wonderful financial ideas. I did buy 3 months T bills in fidelity, however, there was no auto- roll botton to click on it . Can you please help me to activiate Auto-roll. Thank you so much.

[@danielmcdermott6]

What bank gets the money when my TBill matures? Is it my Credit Union Bank that I used to transfer money into my Fidelity account that I used to buy the TBill, or does the money go back into my Fidelity Account?

[@hgandhi204]

I dont have an account with Fidelity. What type of account should I open with Fidelity? a brokerage account or something different?

[@hpt91]

Super helpful, thank you! My issue is that I see a 3 month min. selection for Tbills on Fildelity. How do you get them to be 4 weeks?

[@lindalyc]

would you please do the same for Merrill Edge? It's a Secondary Market only brokerage. Thanks

[@DiamondNestEgg]

It’s already in the works - give us a few more days

[@mackkelly8115]

Are T-Bill yields bought on the Secondary Market through Fidelity exempt from state taxes (such as in California state taxes)?

[@katypv5722]

thank you for the tuts, how can I buy 5 units instead of just 1 unit? it doesn't accept 5

[@macshild]

Please do a video on how to build a 13-week T-bond ladder in Fidelity. please , please, please and thank you.

[@huaiqiongchen8387]

Hi, if we sell the t bill before maturity in the secondary market, how soon can we get the money back? Is it also settled on the second day?

[@mamasheep05]

How come there is no auto roll option in this video?

[@norcalpacific]

Are there ever really quick turn around tbills in the secondary market, like ones that mature in 1 or 2 weeks, from someone that needs to exit quickly and you can take advantage for a quick one week return? Or is that rare?

[@Paul-cu5js]

Happy to see your video on buying through Fidelity. I am also a big fan of Fidelity but the T-Bills buying is confusing. I put in a buy for 13 week bills through Fidelity over the weekend. Looks like it went through yesterday but the view of the transaction through fidelity is confusing or maybe I am missing something. Can you shed some light on how the buy should look on fidelity from entering the through announcement, auction and issue date? Thanks much

[@ghflcity]

I haven’t done this yet and you should have reached maturity or close to it. How did it go?

[@Youdude2]

Why does this method does not have an Auto Roll option and your other video on buying T--Bills on Fidelity starting from the New Issues tab instead of Yields tab have an Auto Roll option?

[@jaymeez]

I'm on Fidelities site and I clicked the 3 month rate like you did at 2:27 of this video and since it's just past 3:30am Fidelities site told me they don't do secondary market trades after hours. I didn't think what you showed was for the secondary market. I'm a bit confused. Maybe I will try again after the market opens. I did exactly like you did. I went to the drop down and clicked fixed income and I scrolled down to the same 3 month US Treasury like you at 4.65. I guess I am just unlucky with these websites.

[@jaymeez]

I refreshed the page and there is nothing showing for trasury bonds. No rates nothing. I know we can only buy new T-Bills on certain days so I guess I missed out

[@stbny4444]

I'm confused by treasuries all the time. If my cash is sitting in my investment account, which is swept into a money market account, collecting 4.12% (at the moment), why would i bother using that cash to buy treasuries that collect barely higher interest at 4.19%. Honest question.

[@johnsaxon7940]

I just bought 17 on Fidelity. In my positions page, it says 17,000 under "Quantity" and "16,7333.78" under "Current Value." Why isn't the current value $17,000? I thought I was buying $17,000 worth of T bills. Hope this makes sense.

[@DiamondNestEgg]

You only get that face value if you hold to maturity - this video explains how T-Bills work in further detail: kzbin.info/www/bejne/oHqln2aMe9B3rZo

[@hollysong6302]

How much charges to buy t-bill in fidelity?

[@seans2551]

I really like your videos. Thanks. One question: While Fidelity provides online monthly statement of the brokerage account listing T-Bill interests earned, does Treasury Direct do the same? That is, how to view it on Treasury Direct if they do?

[@need2retire543]

Thanks for the tutorial! How do I buy Tbills through my 401k?

[@keysame2309]

Is fidelity T bill shortest time 3 months or is there 4week option? Thanks

[@petrachen1537]

Hi Jenn, thank you for the video. Is there an option to buy 4-week t bill on Fidelity?

[@DiamondNestEgg]

This video should help: kzbin.info/www/bejne/qHfYmnZjirOYg8U

[@billyhestand1223]

Thanks for the great video, this might be a dumb question, but can I buy a 4 week treasury bill on fidelity?

[@DiamondNestEgg]

I go through this in the first 2/3 of the video: kzbin.info/www/bejne/qHfYmnZjirOYg8U

[@mflores1423]

Can i sell before maturity date? and what happens if i let it go past maturity date ?

[@yourpalfranc]

Great and very thorough explanation!! I think I'm ready to try this!! Just so I completely understand...if you hold your t-bill to maturity it's not necessary to sell it?? You would only sell if you wanted to access your cash earlier than maturity with less cash earned?? Thanks! I'll be checking into more of your videos!

[@DiamondNestEgg]

Yes

[@CarmineOlivaNY]

Hi Jennifer, great video! Quick question, if I sell my 2-year note a month before my interest payment which is semi-annual what I lose 5 months of interest or is it better to sell My two-year note after semi annual interest payment is made to me. Thank you

[@johnsaxon7940]

Thank you. What happens at maturity? How do you get all the money you've invested plus interest? Will you have to sell anything or make any other transaction at that point?

[@DiamondNestEgg]

If you hold until maturity, the proceeds go back to the account you purchased them from

[@danielmcdermott6]

@@DiamondNestEgg I put money from my Bank into my Fidelity Account to buy the TBills. After maturity, the proceeds go back which account (the Bank's or Fidelity's)?

[@johnsaxon7940]

@@danielmcdermott6 Fidelity's. The money goes into your cash balance on Fidelity, if you bought the T-bills from that account, as most people do.

[@cliffd7164]

Why does Auto Roll option not appear when buying through these steps but does appear when buying through the steps in your other video. The differences appears to be that in the other video you click on "New Issues" but in this one you do not.

[@cliffd7164]

And as a follow up....I have serveral TBills that I would like to go back and add Auto Roll. Is that possible?

[@tombruckman135]

How do I sell my T Bill before maturity?

[@darrelllaughlin1771]

Can you explain the selling process on Fidelity. At the maturity date of the t bill do I have to start the selling process or is it automatically done, and do I need to do this on the date of maturity or can I wait a day or so.

[@thinkbigandlaughalittle]

At Treas Direct they just deposit the money into your account 1 morning after the maturity date. I believe Fidelity does similar. You don't have to sell it if you took it to maturity.

[@slysimon8533]

Can you talk about what happens if you decide to sell the T bills before maturity? Is there a penalty? Great video

[@grim..sentinel9500]

Question - I'm new to T-bills. Why would anyone leave extra money in a bank account instead of buying 3-month T-bills. It seems like there is zero downside given that you can afford to have your money tied up for 3 months. Can someone explain?

[@Chris-uh7nm]

Can you show how to compute your loss if you buy and sell the same T bill you bought?

[@hr_8690]

if I buy/sell T-Bills on secondary market from my broker, will I have to pay State taxes on the interest earned... or just the Federal taxes? my broker (Merrill) doesn't offer new issued T-Bills at auction, unless you call in, and that can take more than 30-min... don't want to spend that much time for small different

[@jimdixon6688]

So if I hold the t-bill to maturity does it automatically go back into my account as sold like a CD???

[@JQS8810]

I’m confused in the final part. Do we have to sell the TBills at maturity to get the money back? The ones we bought?

[@DiamondNestEgg]

If you hold to maturity, the proceeds go back to the account you bought them from - no need to sell