Stillwater007
Recycles dryer sheets
- Joined
- Dec 30, 2020
- Messages
- 68
I'm trying to find a place to park some cash for a few years. Savings accounts are less than 1% with the exception of HM Bradley (3%) but it seems a little sketchy. CDs are around 1% as well.
What are your thoughts on Gov't Issued I-Bonds? Pros? Cons?
Right now they are around 3.5%. Impressive. I know you have to keep it in for a year and if you take it out sooner than 5 years, you lose the previous 3 months interest. Otherwise, it seems ...safe,? It doesn't seem like you would lose anything less than what you "invest".
Thanks!
What are your thoughts on Gov't Issued I-Bonds? Pros? Cons?
Right now they are around 3.5%. Impressive. I know you have to keep it in for a year and if you take it out sooner than 5 years, you lose the previous 3 months interest. Otherwise, it seems ...safe,? It doesn't seem like you would lose anything less than what you "invest".
Thanks!