Anyone know if you can buy these as a non US citizen?
No you can't
Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
121–130 of 140 posts
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#122The 10k limit means you'd be lucky to earn 1k a year on I bonds. Hardly worth the hassle if you have a 100k+ portfolio.
I wish instead of QE the government would let people buy much higher amounts of I bonds instead. Seems like a great way to hand out money to people directly instead of via banks.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#123The 10k limit means you'd be lucky to earn 1k a year on I bonds. Hardly worth the hassle if you have a 100k+ portfolio. I wish instead of QE the government would let people buy much higher amounts of I bonds instead. Seems like a great way to hand out money to people directly instead of via banks.
> I wish instead of QE the government would let people buy much higher amounts of I bonds instead. Seems like a great way to hand out money to people directly instead of via banks.
I think you mean as a supplement to the current QT campaign?
The intent of QE is to stimulate the economy by injecting liquidity into the markets; increasing the limit on annual I bonds purchasable by individuals does the exact opposite of what QE objectively intends by locking that liquidity back up at the Treasury.
At face value, the nominal return on I bonds may be net positive (and perhaps even attractive to some investors in this bear market), but the real return is effectively net zero by design; it's a naive mistake to conflate growth with increase in purchasing power. Besides, when the Fed cut stimulus checks during COVID, their intent was for you to spend, not save by giving it right back to them to hold.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#124Earlier quoted context omitted.
You wouldn’t necessarily need to store passwords in plaintext. You could keep a password encrypted and then when a user logs in their password is sent along on a request that does the automation and then discarded at the end. Of course that would mean you could only do a read operation on the website once, or else keep the session with the site open internally.
Why are we guessing when the person that could clear it all up is lurking in these very threads.
That person went really quiet once people starting truly poking at the security and legality of this idea. I'm sketched out by their communication patterns, and won't touch this with a 10 foot pole.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#125I hope everyone reading this post knows how easy it is for Yotta to open any account at any other brokerage with this information. From there, they could initiate a transfer from your OTHER (non-Yotta) brokerages and drain your account. It really is that easy with the in-kind (or ACAT) process. Even if Yotta isn't nefarious, they could be hacked and a bad actor could use your data to accomplish the same thing. I reco…
Yeah, this is crazy. Do not have 3rd parties do this on your behalf. That said, I just tried to sign up for a Treasury Direct account, and while it was 'successful,' I immediately got an email saying they could not verify some of my information and so my account was on hold pending receipt of a notarized form I have to mail. For my protection. It says the average approval time for this form is up to 13 weeks, so I ca…
Yotta likely doesn't solve the issue you bumped into though
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#126My wife and I both bought I Bonds directly. It was not exactly a painful or confusing process at all. Granted, the UI/UX of the US government bonds website was not fantastic, but it was certainly usable.
maybe a better app would be a chrome extension that fixed all the bugs on Treasury Direct. You could do all the hairy things in the extension without data leaving the users browser.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#127I was slightly interested in this since I despise using most government websites but after looking at "Yotta" it's a hard pass. A fintech bank with a gambling aspect? Count me out, sounds extremely irresponsible and scummy.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#128The virtual keyboard on the Treasury Direct login page is terrible, especially for those of us who use a password manager. I use the following bookmarklet that "types" each letter via the exposed JavaScript function on the page itself. javascript:prompt('treasurydirect.gov password please').split('').forEach(PasswordVK) easy-peasy
Does any other website in the world use a virtual keyboard like that? I don't really understand why they do it. To prevent keystroke tracking I guess? It's bizarre.
HSBC used to use a virtual keyboard but I wouldn't be surprised if they dropped it. (I am no longer a customer.)
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#129Buying I-bonds from treasury direct is a piece of cake even though their website is stuck in the stone age. I think anyone who would use a 3rd party to do this is out of their mind.
Re: Show HN: Earn 9.62% on US Treasury I Bonds on Yotta
#130Earlier quoted context omitted.
Yeah, this is crazy. Do not have 3rd parties do this on your behalf. That said, I just tried to sign up for a Treasury Direct account, and while it was 'successful,' I immediately got an email saying they could not verify some of my information and so my account was on hold pending receipt of a notarized form I have to mail. For my protection. It says the average approval time for this form is up to 13 weeks, so I ca…
Yotta likely doesn't solve the issue you bumped into though
OP is in this thread and has confirmed that they cannot handle that case.