The Pros and Cons of Investing in Series I Savings Bonds

Series I bonds gain popularity due to high interest tied to inflation. Treasury sold $979M in 2022, almost matching 2018-2020's $1B sales. High return attracts, but downsides exist.

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Shield against inflation with 6.89% interest until April 2023. Extendable 30-year maturity. U.S. Treasury secured.

What Are Series I Savings Bonds

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Series I Savings Bonds offer inflation protection by adjusting interest rates based on inflation, ensuring returns stay close to current rates.

Pros of Series I Savings Bonds

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Cons include withdrawal penalties, variable interest, investment limits, and limited purchasing options.

Cons of Series I Savings Bonds

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Consider Series I Savings Bonds for emergency funds due to potential high returns. Consult pros before buying.

Should You Purchase Series I Savings Bonds

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