lending money

[GGD]

tortoise wrote:
Actually your decimal point is off, the amount would be $600 not $60, still rather pathetic for $100,000 investment and why I got out of T-Bills years ago.

You might want to double check your math, 100,000 * 0.0006 = 60. It really is an interest rate of six hundredths of a percent. In order to get an interest rate closer to 0.6% (0.006) to get around $600/year on $100,000, you would need to invest in 5 year notes rather than 13 week.

http://www.treasury.gov/resource-center/...data=yield

Or maybe you were thinking this was on $1,000,000. That might require a really, really, really good friend.