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I am from Eastern Europe. I was thinking of buying my government bonds that get you yield of 6% and you don’t need to pay tax on it. But when I called brokers from my bank they said 6% will not be payed yearly, but year 1 you get 2k, second year you get 3k and then last year you get remaining interest + principal. I want stable 6k per year. Preferably monthly. Is there some financial instrument that offers that?
What your broker doesn’t make sense. Also, you just need to find the treasuries that pay annually or semi annually (coupon bearing bonds)
I am in east Europe
If you have a Merrill account, TTTXX money market fund. Nearly 100% state tax exempt. Pays ~5.2% every month. Only caveat is with any MMF or HYSA is that if the fed drops interest rates, the fund’s yield will drop accordingly.
I am in east Europe
That will depend on your country. I’m sure every country in Easter Europe has their own instruments
Ivv. Schd. Just open a charles schwab account for overseas.
Bonds should be. CDs are stable. Shop around
I am from east Europe
Good luck. Maybe ask some knowledgeable LLM to point you in the right direction, for your country.