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expireddn90003 posted Dec 12, 2021 2:07 PM

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

7.12% Interest

(Limit $10K/Year Per Person)
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Deal Details
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

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3.5K Comments

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Dec 13, 2021 12:53 AM
399 Comments
Joined Nov 2014
EliteDealHunterDec 13, 2021 12:53 AM
399 Comments
Reading this thread reminds me of 1999 with people using credit cards to buy dot com stocks because of overconfidence and fomo… peeps in here talking about how US treasury bonds can potentially fail while recommending crypto 🤦🏻
Dec 13, 2021 12:58 AM
94 Comments
Joined Aug 2014
PestySamDec 13, 2021 12:58 AM
94 Comments
Quote from thehash :
that's the type of thinking we had with real estate pre 2008. LMAO
The federal government can't involuntarily default. How is it anything like a real estate bubble? Don't. Be. Silly.
Dec 13, 2021 12:59 AM
407 Comments
Joined Dec 2007
James MasonDec 13, 2021 12:59 AM
407 Comments
Quote from henare :
that depends on where you live. in a desirable part of California you can win big. most people don't live in desirable part of California.
Your right, big in CA, but even in my home town of Wichita, my brothers home is 2X worth more when he bought. So, really, you go through the ups and downs but in the long run, your house will increase in value. During the 2008 bubble, I told people Not to sell their house because they were under. The ones that didn't sell found they made the right move.
Dec 13, 2021 1:02 AM
694 Comments
Joined Sep 2013
irishtroll1984Dec 13, 2021 1:02 AM
694 Comments
Quote from EliteDealHunter :
Reading this thread reminds me of 1999 with people using credit cards to buy dot com stocks because of overconfidence and fomo… peeps in here talking about how US treasury bonds can potentially fail while recommending crypto 🤦🏻
Or the 1920s where everyone was mortgaging their farms to bid stocks up to nosebleed levels. I wonder if that is where the phrase "betting the farm" came from lol.
Dec 13, 2021 1:03 AM
2.6K Comments
Joined Mar 2012
stanclaveDec 13, 2021 1:03 AM
2.6K Comments
When was the last time treasury gave 7% ?
Dec 13, 2021 1:06 AM
635 Comments
Joined Nov 2005
PinchyDec 13, 2021 1:06 AM
635 Comments
1980s.... inflation was roughly 13% during 1990s. Only old people would know this. Sad.... I know.... LMAO

Quote from stanclave :
When was the last time treasury gave 7% ?
Dec 13, 2021 1:06 AM
346 Comments
Joined Jul 2008
rickster9Dec 13, 2021 1:06 AM
346 Comments
Quote from DogAndPony :
I just loaded up $40k between myself, wife and two kids. Will do another $40k in January. That is enough for me.
What do you figure it's worth in 24 months?

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Dec 13, 2021 1:06 AM
366 Comments
Joined May 2013
fw10001Dec 13, 2021 1:06 AM
366 Comments
Quote from acegolfer :
If anyone is reading this, you can designate secondary owner as well as beneficiary at the TD.gov.
TY, acegolfer!
Dec 13, 2021 1:09 AM
3.3K Comments
Joined Feb 2007
po-90260Dec 13, 2021 1:09 AM
3.3K Comments
Quote from DoonGuy :
Are they US person (SSN)? TD does give option to convert paper to digital, you start the process online and then post paper bond to certain TD address.
possible only for US person as per my understanding but if they are not US person, I wonder how they bought it in first place.
US citizen. Paper bond is still in US. Bank says they have to visit the bank in person.
Dec 13, 2021 1:11 AM
249 Comments
Joined Jan 2021
HilariousRecess268Dec 13, 2021 1:11 AM
249 Comments
Quote from EliteDealHunter :
Reading this thread reminds me of 1999 with people using credit cards to buy dot com stocks because of overconfidence and fomo… peeps in here talking about how US treasury bonds can potentially fail while recommending crypto 🤦🏻
Exactly, it only looks like a bubble in hindsight. The .com bubble and housing bubble are firmly implanted in my mind. Though I was not personally hurt by them, I did learn from them. I remember "This is the new economy and earnings don't matter" back in 1999 and "housing always goes up" in the subprime bubble. Now we have "crypto will change everything about money". Some people never learn.
Dec 13, 2021 1:13 AM
5.3K Comments
Joined Jul 2010
TXGoatDec 13, 2021 1:13 AM
5.3K Comments
I'm going to invest in Beanie Babies. I hear they really increase in value....
1
2
Dec 13, 2021 1:15 AM
84 Comments
Joined Feb 2014
StephenH5221Dec 13, 2021 1:15 AM
84 Comments
What do we think about buying another $10K on January 1st?
Dec 13, 2021 1:16 AM
565 Comments
Joined Oct 2021
ShrewdStar3676Dec 13, 2021 1:16 AM
565 Comments
Quote from acegolfer :
What? The account balance in TD.gov only updates quarterly not monthly? That's different from what I was told. Can anyone confirm this?

I can, and did. I've had an account since the summer when the rate was 3.5%
Dec 13, 2021 1:16 AM
635 Comments
Joined Nov 2005
PinchyDec 13, 2021 1:16 AM
635 Comments
I do have a serious question tho for the Financial experts.

Why not EE Bonds if EE is fixed though out the life of the bond.

If inflation ticks up after 6 months, I can sell the EE bond (lose 3 months of interest) and then repurchase for newer bond with higher rate.

If inflations does dive down then I just let it ride until redemption.

Especially with 0% base interest rate, I cant really lose right? LOL

Thanks

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Dec 13, 2021 1:19 AM
1.2K Comments
Joined Mar 2005
acegolferDec 13, 2021 1:19 AM
1.2K Comments
Quote from ShrewdStar3676 :
I can, and did. I've had an account since the summer when the rate was 3.5%
It's because TD account balance reflects the 3 month penalty. Your account balance will start to change every month (not every quarter) starting from month-4.
1

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