How To Buy Treasury Bonds
It is very easy to understand how to buy Treasury bonds. Investors need only go to www.treasurydirect.gov and use the web-based system. The system lets you set up an account and buy bonds on your own. In addition to being able to buy Treasury bonds, you can also buy bills, notes, and inflation-protected securities. The system is reliable and multi-use. An investor can purchase, reinvest, sell, and manage their securities--all at home. The site can be accessed 24 hours a day and 7 days a week.
- It only takes few minutes to sign up. You can buy Treasury bonds for as little as $25. All you need to open an account is a social security number, a driver's license, a checking or savings account with the routing information, and an email address. Once you have inputted all that information, you create your account and can start to buy Treasury bonds.
- Buying bonds takes just a few clicks. Once your account is created, you simply search for the type of security you want and select the bond that you want. You click a box, fill out an online form with some personal information like your address and telephone number, accept the terms and conditions, answer three security questions and submit. It can take up to two weeks to get approved and to receive your access card. Your account access card will let you update personal information, sell your bond, increase the bond amount, and perform other securities maintenance tasks.
- TreasuryDirect does not charge fees to buy Treasury bonds. The site will not charge any maintenance fees no matter how much a person invests. This is done in order to keep costs down, and to put more money into customer service. TreasuryDirect believes that by reducing administrative costs, they can enhance the user and investor experience online.
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At TreasuryDirect.gov, you can purchase more than just bonds. You can buy Treasury bonds, bills, notes, and inflation-protected securities (TIPS) as well as savings bonds. All of this can be done, including managing all of your securities, on a secure website 24 hours a day and 7 days a week.
Posted on: May. 02, 2010















