Why Series "I"?: The Benefits of Investing in Savings Bonds
Paperback
Series: Great Investing, Book 213
Publisher: Independently Published
Published: Nov 6 2023
Pages: 68
Weight: 0.31
Height: 0.18 Width: 6.00 Depth: 9.00
Language: English
Everywhere you look, you can find places paying you 5% interest on your deposits. However, this won't last forever.
If you want to guarantee a great return over a long period, look no further than Series I Bonds.
The government determines rates on Series I Bonds from inflation data, not current interest rates.
This means that if inflation rises faster than rates, as it did in 2022, Series I bonds will be the best place to store your money.
If you are new to the world of compounding interest, Series I Bonds are a great place to start building your portfolio. Good Luck!
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