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Quick question for HN people: Is there a instrument like a I bond that doesnt have a 10k limit?
by ds 4y ago
Quick question for HN people: Is there a instrument like a I bond that doesnt have a 10k limit?
- deleted 4y ago[deleted]
- 300bps 4y agoNothing exactly like it but TIPS are Treasury Inflation Protected Securities. Probably best to buy them in a fund due to their complexities. Vanguard and Fidelity both have funds for them.
- redisman 4y agoThey are lagging or get less of a return. The TIPS I have are yielding 6.25% right now. Still a fine place to park if you think the market might dump more or go sideways. Just pay attention to when the dividend pays and don’t sell before that
- 300bps 4y agoThanks for the extra details! What do you think of buying a TIPS fund instead of purchasing TIPS directly?
- dmurray 4y agoYes. There are TIPS, which are like I-bonds in that their yield is indexed to inflation, but unlike I-bonds in that you can't buy them at an artificially low price.
- deleted 4y ago[deleted]
- curiousllama 4y agoI bonds are government subsidized, so no. The closest thing would be TIPS, but they have guaranteed negative real returns.