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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kern who wrote (84182)8/9/2007 11:29:31 AM
From: TommasoRespond to of 306849
 
Treasury Direct doesn't even need a wire transfer; you can just debit your bank account (like Paypal)--and also transfer maturing bills and interest balances direct into your account. But maybe that is what you mean.

Just be very careful in setting up automatic debits from your bank account. I did something wrong and suddenly I had an overdraft of $10,000 in my bank account.



To: Paul Kern who wrote (84182)8/9/2007 1:45:16 PM
From: PerspectiveRead Replies (3) | Respond to of 306849
 
Be warned, though - I bought Tbills for liquidity, and Treasury Direct doesn't let you do *anything* with them for 45 days! That's my problem - I expected to ship them to my broker as collateral for short sales. Not for six weeks! Can't sell 'em either. Another way the smaller fry like me get hosed.

BC


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