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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Frankly most all the Fed Governor could make a lot more money outside of the Government.
And if you look at how much of so call their shady investment made, the return is probably less than a daily gain of BTC, TSLA, RIVN or meme stock if their goal is just to milk $$, a career in the Fed Reserve is NOT the right place
If you want low risk low tax consider municipal bonds. They pay about 3 to 4% per year in dividends that are free of federal tax. The state income tax rate for muni bonds varies, in most states it is reduced or zero. If you make $80K per year or more that is comparable to a 4 to 5% taxable return.
Frankly most all the Fed Governor could make a lot more money outside of the Government.
And if you look at how much of so call their shady investment made, the return is probably less than a daily gain of BTC, TSLA, RIVN or meme stock if their goal is just to milk $$, a career in the Fed Reserve is NOT the right place
sure, when the economy looks like it's about to recession is when these guys start having "ethics".
sure, being part of the fed influencing policy, no way of making money on that. it's a revolving door from fed to private.
https://www.bloomberg.c
but you do you. I wish I had as much faith in the fed as you
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Is my only risk on this investment the loss of my interest payments or is it possible to lose my principal as well?
Is my only risk on this investment the loss of my interest payments or is it possible to lose my principal as well?
it's more like dying of thirst because someone won't let you on their land to access water.
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I mean, come on, folks. Peanuts.
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