Are you looking for a safe and convenient way to Invest Money and earn some interest? If so, you might want to consider buying i-Bonds, or Inflation-Protected Savings Bonds issued by the U.S. Treasury. In this blog post, I will explain what iBonds are, how they work, and why they are a great option for savers. I believe the Corner-Stone of an Individual Portfolio is the i-Bond. I advocate for Parents to start buying i-Bonds for their children, while they are young. These securities can be purchased on set intervals. For example, weekly, bi-weekly, monthly, bi-monthly, quarterly, etc... Interest is compounded monthly which offers more growth than other channels. What Are i-Bonds? i-Bonds are a type of savings bond that pays interest based on two components: a fixed rate and a composite rate. The fixed rate is determined at the time of purchase and remains the same for the life of the bond. The composite rate is adjusted every six months to reflect changes in inflation, as meas...
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