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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One should not compare I-bond with equity or crypto. It should be compared against other debt/bank products such as HYSA, CD.
I used to be all stocks all the time until my financial advisor convinced me to diversify. It annoyed me to no end to be honest. But my portfolio has survived the 2008 downturn, enjoyed the rebound, survived the 2020 debacle and continue to enjoy the bull market. Diversification is important for any portfolio, more as you hit your 40s and 50s. But everyone's situation is different. Some people are swimming it cash, some are counting every penny.
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Knowing that Interest rates are going to rise in next 3-9 months, it does not seem to be a good option to invest now.
- (I am not) staticman
Knowing that Interest rates are going to rise in next 3-9 months, it does not seem to be a good option to invest now.
Having some cash on hand also gives you the funds to use when the (inevitable) downturn in the market does happen.
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