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I mean... which one is it? Is $10k too small an amount to be worth filling a form, or too large an amount that you need it accessible within a few days? I see t
by BbzzbB 4y ago
I mean... which one is it? Is $10k too small an amount to be worth filling a form, or too large an amount that you need it accessible within a few days? I see this sentiment a lot in this thread, but it's so contradictory to me.
Only a raging bull market like the one we've gotten out of makes a 10% government backed rate of return sound bad.
- lotsofpulp 4y agoThe increased interest return on the $10k is insufficient not enough for me to sign up for and then manage an account at treasurydirect.gov. Of course, it could be for others. My philosophy is I keep a certain amount of physical cash (in case electronic payments go down), I keep digital cash (in case my income gets disrupted), and the rest is invested. I already have the digital cash in an FDIC insured savings account earning 2.4%, and I do not need to worry about splitting it up into per year amounts or when I can and cannot withdraw it and how much. It is more of a simplicity thing I guess for me, and the abnormal inflation calculations which lead to the last 18 months of exceptional i bond returns probably will not last.