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%
Leave a Comment
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
Sign up for a Slickdeals account to remove this ad.
No interest earned after 30 years. Might want to cash those out
That said, price predictions on crypto is a fools game. It could double or lose 75% of its value overnight.
The whole point of bonds is diversified portfolio. If you think 7% is a bad return, you haven't been in the market longer than the current bull run.
Sign up for a Slickdeals account to remove this ad.
I own a lot of $T (been accumulating last 2 months) because I like the WB+Discovery merger and the low value, not it's 8% dividend... People need to stop give up investment advice which they know nothing about please.
BTW you can get 16% from IEP Carl Iahn's investment company which pay 16% dividend. (double of AT&T) but please do research the company and access your own risk and understand why you want to own it not because it dish out some dividend.
I have a portfolio of stock, mutual fund, crypto, and CASH ( which include iBond) and they all have a place in my portfolio.
Sign up for a Slickdeals account to remove this ad.
If you want you can pre pay tax for it but then you need to keep track of it.
Leave a Comment