Better than CD/Savings account rates with US Savings Bonds

Quote from audiokingman : A friend of a friend has been placing much of his assets in a safe place where not even the IRS knows that he has it. He may not gain any interest (or lose it), but at least they cannot get to it for ANY reason. When 4 trillion MORE debt is piled on by the liberals (on top of the 16 trillion), they may just come after YOU if they know you have it!

Really? how does this "friend" have any money left after stockpiling and hoarding ammunition and firearms this last month?

http://www.daveramsey.com/index.c...emId=10457

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Quote from SlickDillie : I'd rather put $10k into Legos...

I think last year I did.

Quote from audiokingman : A friend of a friend has been placing much of his assets in a safe place where not even the IRS knows that he has it. He may not gain any interest (or lose it), but at least they cannot get to it for ANY reason. When 4 trillion MORE debt is piled on by the liberals (on top of the 16 trillion), they may just come after YOU if they know you have it!

Can I be your friend... That way I can say that a friend of a friend of a friend of mine is hording cash and and thinks he's not losing any interest...

Quote from bigpollack : Put the 10K into a safe, dividend paying stock. MO is over 5% VOD is almost 6% T is over 5% There are a TON of other safe stocks returning 3-4% Even if dividends start being taxed as regular earnings...your still ahead of the game.

Right, as if it's just about what you get in dividends.

Have you considered the market value risk you're putting yourself into compared to a gov't backed bond? Take a look at those charts over the last few years. LOL

There's no free lunch!

Quote from cxhatchback : Right, as if it's just about what you get in dividends. Have you considered the market value risk you're putting yourself into compared to a gov't backed bond? Take a look at those charts over the last few years. LOL There's no free lunch!

I have taken a look at the charts over the last few years...taking into account dividend increases, and stock price increases ( except for 2008 )...your WAY ahead buying dividend stocks.

ummm, why would i help the government in any way when my take home pay is about to drop and my taxes are about to go up?

I'll take "places not to get serious financial advice from" for $300.

Stocks have their place as an investment but these bonds do as well. Investing ONLY in stocks is a fool's game. You have to keep some cash somewhere interest bearing and this is better than savings, CDs, or money market.

The penalty for early withdrawal doesn't look too bad either. Might have to consider this.

Quote from supermsp : Did anyone factor inflation? The current inflation rate would make any interest gained to zero and close to loss. This is not a good deal at all! You can find much better investments in the stock market, and if your not good at buying stocks on your own then you should go to a broker and find a nice stable mutual fund that pays good dividends. The key to any investment is to beat the inflation rate and make a profit. This is just pointless.

The i-bond in this thread is an inflation-protected bond - so it has a base rate (currently 0%) plus whatever the inflation is at the time - so it's designed to keep up with inflation, that's all.

Unfortunately, real inflation is much higher than the government's phony inflation number, so yes, you're likely losing money on this.

But you're totally wrong that the point of investments is to beat the inflation rate - a portion of your investments should be low risk - S&P500, emerging market bonds, dividend stocks, all of these have considerable risk, and are not a good place to put your short-term cash.

Quote from bigpollack : I have taken a look at the charts over the last few years...taking into account dividend increases, and stock price increases ( except for 2008 )...your WAY ahead buying dividend stocks.

Red came up four times in a row, should I bet everything on red?

I have a portion of our emergency fund in I-bonds. But I wouldn't use them for long-term investing.

Says 5K in a year per SSN not 10K

Quote from bigpollack : Put the 10K into a safe, dividend paying stock. MO is over 5% VOD is almost 6% T is over 5% There are a TON of other safe stocks returning 3-4% Even if dividends start being taxed as regular earnings...your still ahead of the game.

Looking at the chart, MO is currently $30. It was $30 in 1992. It was $90 in 2007. Define safe.

VOD is the same price today it was in 1998. It's down 60% since 2000. Is that safe?

AT&T is similar.

Individual stocks aren't safe. Try something like Oakmark Equity & Income.

Quote from Averwind : Says 5K in a year per SSN not 10K

You can buy $5k online, and $5k in paper, per year.

We have $10k in these, that we bought 5 years ago or so. The base rate was a lot higher back then, so ours are returning like 2-6% nowadays.

What sucks about i-bonds is the ridiculous procedure for logging into your account, requiring this color wheel thing and a bunch of passwords, it's like working at the CIA. So we never check it.