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Yup ..... I took 10K from Savings (making .1%) and moved to I bond (making 9.62%) on May 1st when the rate changed. It has some minor restrictions that I can easily live with for that type of increase. Basically free money.
Series I Bonds at 9.62 percent?
Someone sent this to me and I'm passing it along...
How to Buy Series I Bonds at 9.62% (Step-by-Step Tutorial)
Jeff Rose, CFP® | May 17, 2022
By the end of this article on Series I Bonds you’ll:
- You’ll know whether a Series I Bond might be right for you
- How to buy a Series I Bond (step by step)
- Some important restrictions or catches of buying an I Bond
https://www.goodfinancialcents.com/how-to-buy-series-i-bonds/
Tom
Market Commentary | My Blog | TSP Talk Plus ||
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Re: Series I Bonds at 9.62 percent?
Yup ..... I took 10K from Savings (making .1%) and moved to I bond (making 9.62%) on May 1st when the rate changed. It has some minor restrictions that I can easily live with for that type of increase. Basically free money.
Re: Series I Bonds at 9.62 percent?
I put $5k in there when it was $9.62 percent. Should have did more.
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