10 ms·
buy $10k of i-savings-bonds (the max per yr). currently at 9.62% rate fixed for 6 months. then buy another 10k next year. after a year, you can withdraw and
by ro212 4y ago
buy $10k of i-savings-bonds (the max per yr). currently at 9.62% rate fixed for 6 months.
then buy another 10k next year.
after a year, you can withdraw and if you are making rolling buys then it basically becomes an inflation-protected savings account.
https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm https://www.treasurydirect.gov/indiv/research/indepth/ibonds...
- tamaharbor 4y agoI agree, I-Bonds are great just as long as inflation continues. Should interest rates fall [ie: recession], the I-Bonds could theoretically return 0% inerest. (Although you can never lose your principal.)
- everybodyknows 4y agoAlso, over-withold by $5000. When you file for your refund, take the option for $5000 in I-bonds.