There is a 5 year wait period as well so please go to the WEB page   More info and can purchase here: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm

    You can hold them for

    Posted by fundamentalvalues on 23rd of Apr 2022 at 10:01 pm

    You can hold them for 12 months and just give up three months interest if you cash them after that. Still beats letting funds sit in a savings account. You'd still be at a 6.05% rate even if you cashed them after 12 months. 

    If you hold them for 5 years, then no interest is given up on any of it. 9.62% is amazing, or whatever it is going to be when they publish it on May 1. I don't know of anywhere you can get a guaranteed rate like that on cash that is Federally insured. Better than it sitting in a bank account doing nothing if not being used for at least 12 months. 

    Once I buy them, I don't plan to sell them for a long time. Maybe years down the line if needed. Almost 10% is an moderate equity type return with no risk. It was for many years before the markets got juiced with all the loose monetary policy. Unsustainable as we are seeing now. 

    The older I get the more I like not having to babysit money. I'd rather spend the time with family, friends, and doing whatever else that I'm here to do and to enjoy. I do some trading, but it is work and it can be draining. Having stuff like this delivers a great return and is truly passive. Even real estate isn't truly passive income because there is work involved with maintaining it and having tenants. It all depends on how one wants to invest/spend life. Enjoy the rest of your weekend

    thank you for sharing this

    Posted by robincage1 on 25th of Apr 2022 at 10:19 am

    thank you for sharing this info

    Very welcome, thanks for appreciating

    Posted by fundamentalvalues on 25th of Apr 2022 at 12:26 pm

    Very welcome, thanks for appreciating it! 

    Thanks for the info. I

    Posted by morton7 on 24th of Apr 2022 at 10:36 am

    Thanks for the info. I will buy them come May and tell my kids as well. Enjoy the day! 

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