Episode 25: Are 7% Bonds Too Good to Be True?

Feb 15, 2022

Where can you go as an alternative to bank savings and try to keep up with cost of living? On this episode, we discuss some of the pros and cons of owning an inflation adjusted bond or I bond. This type of savings product is currently paying over 7%. Take a few minutes to learn more about the Series I savings bond and whether this is something worth considering for your financial situation.

  • How much can you invest into an I bond annually and when?
  • What time horizons do you need to consider when choosing an I bond?
  • How do you purchase an I bond or set up an account?

 

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