I-Bonds: I’m Doin’ It
November 27th, 2009 | 9:57 am | Posted in Finance, I-Bonds | 2 Comments »
Actually, I should say, “I did it.”
Yep, I mentioned a few weeks ago that I was tossing the idea around and I pulled the trigger… I purchased $3700 worth (across 6 bonds) this week.
I’ll purchase another $300 worth next month to hit the allowed maximum (online) for the year.
The guaranteed and entirely risk-free 3.36% return for the next 6 months just felt too good to pass up.
Okay, it’s not *that* great but when compared to the dismal rate that savings accounts are offering right now (and for the foreseeable future), it’s the right thing to do with money that I don’t actually need in hand in the immediate future but would also like access to in the not-so-distant future.
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