Inflation is soaring, markets are down and savings rates are still very low. But there’s one investment that offers a nearly 10% return for the next several months. But you’d need to act quickly. That’s a much better deal than you’ll see on any bank savings account. While interest rates have been rising this year, they are not nearly high enough to beat inflation, which was pacing at 8.2% year over year through September.
Individuals may only purchase up to $10,000 in I bonds electronically in a calendar year. In addition, you may purchase up to a $5,000 paper I bond if you use your federal tax refund to buy it. The catch with I bonds is this: To get the full amount of interest, you have to hold the bond for at least five years. You can cash it in any time after the first year, but you will sacrifice three months of interest if you do so before the fifth year.
StopHazaraGeoncide
A turtle may take ten years to reach its destination because it is certain, but it looks like everything we get is very insightful even though it costs that much.
So the government can take and redistribute my money? FOH
Biden is doing everything humanly possible to start a nuclear war, and the media is still focused on Trump.
Gross. The Fed's credit worthiness is an open question, and , a Democratic Master Race propaganda outlet, is shilling for the Fed's debt at rates that don't keep up with the expected inflation.
brianrtatum
I opened my wallet and moths flew out... can I afford this?
Who can save? Trying to buy groceries, gas and prescriptions