Note: This popular deal is still available.
U.S, Government Treasury is currently offering
7.12% Interest Rate in combined
Fixed + Inflation Rate Earnings valid on newly issued
Series I Savings Bonds purchased from November 2021 through April 2022. Limit of $10,000 / year in interest earnings per person.
Thanks to community member
dn90003 for sharing this offer.
About this offer:- How do I buy a Series I bond?
- Must register or sign-in to your free TreasuryDirect.gov account and link a bank account.
- Click here to view a Guided Tour
- What is a Series I bond? (source)
- "A savings bond that earns interest based on combining a fixed rate and an inflation rate."
- You may use Series I bonds to:
- Save in a low-risk product that helps protect your savings from inflation
- Supplement your retirement income
- Give as a gift
- Pay for education
- Click here for more information about Series I Bonds
- What interest does a Series I bond earn? (source)
- A combination of a fixed rate that stays the same for the life of the bond and an inflation rate that is set twice a year.
- For bonds issued from November 2021 through April 2022, the combined rate is 7.12%
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Top Comments
In case you're wondering, here's how the rate is computed:
Composite rate =
I bought $10k in denominations of 2,3, 5 so if I want to cash out I can do it in chunks instead of having to cash out $10k.: Better than any CD or bank rate if you want to stay in cash.
https://www.treasurydir
3,498 Comments
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Our community has rated this post as helpful. If you agree, why not thank Jahlapenoez
Leveraged ETFs which rebalance daily will head towards zero value in a situation where you have frequent flips between positive and negative return days. You can have the market start the year at an index value of 100, end the year at 100, but see a leveraged ETF go towards a return of -90% IF during the year you had repeating cycles of up days and down days... moreso if the up and down days are highly volatile (like +3% one day, -3% the next day).
I just pasted it into the site and it worked again. Maybe he is getting too many hits now. It is a very good and fully accurate explanation.
Our community has rated this post as helpful. If you agree, why not thank HilariousRecess268
Are you an actual economic expert or do you just watch a certain "news" channel all the time?
An assertion, no matter how deeply felt or loudly made, is not an argument. And no, "It's obvious!" is not an argument, either. Nor is a personal insult or face palm.
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Our community has rated this post as helpful. If you agree, why not thank EliteDealHunter
Trick: If married, you can technically front load now and gift $10k to each other every year. But also has caveats.
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