How to Read Treasury Auctions
By Kelvin Lee, Alonso Munoz U.S. Treasuries, a usually boring security, have become one of the most widely talked about investments in 2023. We have even started to see commercials from brokerage houses and investment platforms that offer everyday investors access to “Treasury Bills” paying X amount. They market these government backed investments as the […]
The Roth IRA Saga
Good morning and happy Friday! The recent frenzy regarding Roth IRA’s has been centered around Peter Thiel and his purchase of nearly 2 million shares of PayPal in 1999. Yes, his initial $2,000 investment turned into $5,000,000,000.00 (billion). What is unclear is whether or not Thiel bought the shares below market value, which could potentially […]
