Did you uncommonly glimpse of the take out pyramid? Well, practiced is further the risk pyramid. This flesh out applies to all investors--the novice and the experienced. What is says is that the safest investments (less risky) should form the base of your investment pyramid. What separates a conservative investor from a speculator or risk taker is that the base of the pyramid for a conservative investor will be much larger than for the speculator. As you move-up from the base of the pyramid your investments get more risky. The apex of the pyramid would form the most risky of your investments (potentially larger returns).

This article deals with only the base of the pyramid. For those who want their base to be composed of the safest investment on the planet, they should consider purchasing either three or six month Treasury Bills (T-Bills). These should be purchased directly from the U.S. Treasury, not from a stockbroker, banker, or financial planner. These people will charge you a fee or commission while the U.S. Treasury does not charge a single penny for purchasing T-Bills.

The question then becomes how do I purchase T-Bills directly from the U. S. Treasury? You do this by opening-up a Legacy Treasury Direct Account with the U. S. Treasury. Once you have done this, you can purchase T-Bills directly over any touch tone phone. The simple steps involved in opening a Legacy Treasury Direct Account are listed below.

 First call the U. S. Treasury at (800) 722-2678 and order the form for opening a Legacy Treasury Direct Account.

 The information you will need to complete the form
1. The name on the account
2. Your checking invoice admit and the nine character bank routing number, adduce of bank, phone carry of bank
3. The superscription of the mechanism on the account
4. The soiree bright side bear of the information on the account

 T-Bills are bought in multiples of $1,000.00

 LastlyWhen buying T-Bills always number a non-competitive bid.

Currently, six interval T-Bills are submissive about 5% state income tax free. In high tax states like California that is about 5.25% compared to a fully taxable CD. You can get the current yield by looking at the financial pages of the Wall Street Journal or your daily newspaper. T-Bills are not supposed to make you rich. They are bought for complete unadulterated safety.

Sanford Kahn, Business Author/Speaker, has been a professional speaker for over 30 years to both the corporate and national trade and professional association markets. He was the host and producer of the popular Times mirror cable vision series "Ask the Economist". Mr. Kahn has authored many articles on the business impact of future economic trends. His most recent publication is The Great Economic & Business Myths That Dominate Our Lives. For more information please visit his web page at http://www.businessspeaker.biz.