When you look at today’s U.S. Treasury bill (T-bill) rates, you’re seeing a different picture compared to longer bonds.

Your Survival Guy learned about T-bills or the risk-free rate of return at Babson. Dick Young refers to it as his North Star. It’s an easy way to get a lay of the land.

How is your lazy cash doing? Is it sitting on your couch or in a checking account earning next to nothing? Is it time for a summer job?

Action Line: If you’re looking to put your extra cash to work, let me know. Email me at ejsmith@yoursurvivalguy.com. And click here to subscribe to my free monthly Survive & Thrive letter.

Originally posted on Your Survival Guy.