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expired Posted by dn90003 • Dec 12, 2021
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expired Posted by dn90003 • Dec 12, 2021

US Treasury Series I Savings Bonds Inflation Rate Earnings (Nov '21 - April '22)

(Limit $10K/Year Per Person)

7.12% Interest

3,499 Comments 1,455,870 Views
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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?
  • 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%

Editor's Notes

Written by BostonGirl
Refer to the forum thread here for more information and details.

Original Post

Written by dn90003
Community Notes
About the Poster
Deal Details
Community Notes
About the Poster
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?
  • 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%

Editor's Notes

Written by BostonGirl
Refer to the forum thread here for more information and details.

Original Post

Written by dn90003

Community Voting

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Top Comments

sdpoker
Looks tempting. But these are only rated for inflation as fixed rate is 0%. Once inflation is back down, your rate will go down with it.
In case you're wondering, here's how the rate is computed:
Composite rate =
webbiedo
No, these are govt bonds. They stay in the treasury. I bonds are based on the rate of inflation. They have a fixed rate plus the current rate of inflation. Inflation goes up, you earn more. It was 3.54%. Rates went up on 11/1. To realize the full benefit you need to buy before the rates change on 5/1 and 11/1. No fees or penalties. Hold for a min.of a year. If you cash out in less than 5 years you forfeit 3 months interest. After 5 years, you don't pay anything. You can only buy $10k/yr and then up to an additional $5k if purchased directly from your tax refund.
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.
foxfai
By the way, using your tax refund to purchase bonds won't count toward your $10k yearly limit.

https://www.treasurydirect.gov/in...eature.htm

3,498 Comments

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Dec 12, 2021
91 Posts
Joined Feb 2021
Dec 12, 2021
Nostar14
Dec 12, 2021
91 Posts
Not sure why folks here act as if you have to choose only 1 investment. There is a place in every portfolio for stocks, etfs,ibonds, crypto, etc. I have most of mine in Vanguard funds and feel these Ibonds are a good fit for a small portion of my cash position. Better than the .05 you get at Marcus. I also dabble with crypto with what I call my Vegas money. Precious metals also have a place.
Dec 12, 2021
31 Posts
Joined Dec 2016
Dec 12, 2021
koraka
Dec 12, 2021
31 Posts
You can find more information about I-Bonds and common questions from this discussion:
https://www.reddit.com/r/personal..._answered/
Dec 12, 2021
2,454 Posts
Joined May 2007
Dec 12, 2021
ranran
Dec 12, 2021
2,454 Posts
Quote from MikeyMike01 :
Just don't be left holding the bag when crypto heads to $0
You know, all the financial advisers of our time poo-poo'd crypto for years and said it was a terrible idea.... and yet, many major financial institutions are now getting into it and more and more companies are considering it as a viable payment method.

Sooo...... what data/evidence do you have that convinces you crypto is a dead-end?
2
Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from Nostar14 :
Not sure why folks here act as if you have to choose only 1 investment. There is a place in every portfolio for stocks, etfs,ibonds, crypto, etc. I have most of mine in Vanguard funds and feel these Ibonds are a good fit for a small portion of my cash position. Better than the .05 you get at Marcus. I also dabble with crypto with what I call my Vegas money. Precious metals also have a place.
Well said. Unfortunately some ppl are in a cult and dont see other options.
Last edited by acegolfer December 12, 2021 at 03:26 PM.
Dec 12, 2021
71 Posts
Joined Nov 2008
Dec 12, 2021
Eticus
Dec 12, 2021
71 Posts
Quote from jonnydoo :
so how do I leverage these about 300x ?
https://www.cmegroup.com/markets/...tions.html Careful I lost 300k on it.
Dec 12, 2021
109 Posts
Joined Aug 2013
Dec 12, 2021
SteveQ2458
Dec 12, 2021
109 Posts
Bad investment $100 today is worth $70..20 years from now or less
1
Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from Eticus :
https://www.cmegroup.com/markets/...tions.html Careful I lost 300k on it.
Different underlying

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Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from SteveQ2458 :
Bad investment $100 today is worth $70..20 years from now or less
Unlike other securities, the nominal value of I bonds never decrease over time.
Dec 12, 2021
71 Posts
Joined Nov 2008
Dec 12, 2021
Eticus
Dec 12, 2021
71 Posts
oops
double post
Last edited by Eticus December 12, 2021 at 03:25 PM.
Dec 12, 2021
3,074 Posts
Joined Dec 2008
Dec 12, 2021
clinteastwood
Dec 12, 2021
3,074 Posts
Quote from SteveQ2458 :
Bad investment $100 today is worth $70..20 years from now or less

Explain...? You know you only have to hold this for 1 year. 5 years to not lose previous 3 months interest. How is it worth $70 20 years from now?



https://www.treasurydirect.gov/in...ibonds.htm

Seems like a good option to me if you're already maxing retirement account(401k, HSA, IRA, etc) savings, and have no non mortgage debt at least.
Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from clinteastwood :
Explain...? You know you only have to hold this for 1 year. 5 years to not lose previous 3 months interest. How is it worth $70 20 years from now?



https://www.treasurydirect.gov/in...ibonds.htm

Seems like a good option to me if you're already maxing retirement account(401k, HSA, IRA, etc) savings, and have no non mortgage debt at least.
I think he was trolling. I-bond value can never decrease from $100 to $70 over time.
Dec 12, 2021
19 Posts
Joined Nov 2018
Dec 12, 2021
MattA5065
Dec 12, 2021
19 Posts
Quote from KMan :
What does a hugely unregulated private sector market have to do with what has literally been the most secure, reliable and 100% default-free security in human history? There is no comparison whatsoever and only an ignorant person would say otherwise.
I don't totally disagree with you. But let's not pretend like a lot of those bad mortgages weren't backed by Fannie Mae and Freddie Mac. That's US Gov. Also...
Dec 12, 2021
1,183 Posts
Joined Mar 2005
Dec 12, 2021
acegolfer
Dec 12, 2021
1,183 Posts
Quote from MattA5065 :
I don't totally disagree with you. But let's not pretend like a lot of those bad mortgages weren't backed by Fannie Mae and Freddie Mac. That's US Gov. Also...
US Gov agencies and U.S. Treasury department aren't the same.
Dec 12, 2021
1,256 Posts
Joined Jun 2010
Dec 12, 2021
0oyujieo0
Dec 12, 2021
1,256 Posts
Can this go-to the moon?
1

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Dec 12, 2021
109 Posts
Joined Mar 2017
Dec 12, 2021
Seattle421
Dec 12, 2021
109 Posts
Quote from Follywood :
Crypto baby!
14% interest at crypto . com
1

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