Series I bonds are largely unknown and unheard of, yet are one of the safest investments one can make with returns that are adjusted semiannually to factor in changes to inflation. These are backed by the full faith and credit of the US government, making them essentially risk-free. Series I bonds offer a safe haven for some of your dollars and can allow you to maintain your purchasing power, if not increase it, as Series I bonds are likely to offer returns that far exceed that of any savings or checking accounts. Currently, new Series I bonds pay a composite rate of 3.54%. In this episode, I dive into what Series I bonds are, the benefits they offer, and why they could be an effective place to put some of your money. Enjoy!

To purchase electronic Series I bonds, create an account and apply directly at: https://www.treasurydirect.gov/RS/UN-AccountCreate.do

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