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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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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Diversify yourselves folks! Fiat always fails in the end.
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
OTOH, EE bonds are designed to be kept for 20 yrs for the guaranteed 3.52% rate. So can't be used as emergency fund. If redeem before 20 yrs, you will earn 0.1% instead.
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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Looking at form need a certifying officer. If I go into my bank will they know what I talking about or look at me like I have two heads?
Looking at form need a certifying officer. If I go into my bank will they know what I talking about or look at me like I have two heads?
After carefully reading the difference, EE is not part of the 7%.
OTOH, EE bonds are designed to be kept for 20 yrs for the guaranteed 3.52% rate. So can't be used as emergency fund. If redeem before 20 yrs, you will earn 0.1% instead.
All empires end, whether through violent revolution or financial ruin. Trump, Obama, Clinton Bush, Biden none of them matter, it is the corruption of Congress which spends the money.
Not if you're Jewish.
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