The persistent fear over rising rates drives demand for investments that protect from interest rate risk. Now you can add Treasury floating rate notes (FRNs) to that growing list.
At the start of 2014, the Treasury auctioned its first floating rate notes. Since then FRN ETFs started popping up as another way to own these notes. But should you? Are there better options available?
How Does It Work?
The Treasury floating rate notes are a 2-year maturity government bond (with all the same guarantees) with the addition of an adjustable interest rate. Continue Reading…
The best way to make a habit of saving and investing is to automate it. It throws behavior out the window, removes mistakes (or lowers the chance of it at least), and enforces discipline without trying. All you have to do is start an automatic investment plan.
The first rule of wealth creation is to spend less than you earn. The result is extra money you can save and put to work. When choosing between whether to pay off debt or invest, what’s the best use of your money?