PSA, not investment advice
Jan. 18th, 2022 01:33 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ny_quantCurrently you can get 7.12% interest on the US government savings bond.
Things to know:
Interest rate resets quarterly to protect you from inflation. If the inflation disappears then it will pay very little.
Minimum a year holding.
Max 10K per year to buy.
To open an account go here:
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
Alternatively, you can invest in Treasury Inflation-Protected Securities (TIPS) where you don't have the constraints above but they work a little differently. The interest that they pay is very small, about 0.5% , but the inflation is automatically added to the principal. E.g. if you invest $1000, then you get $5 per year in interest but if inflation is 7% then next year you'll have $1,070 in your account. So your effective interest rate is 7.5%. However, if there's inflation goes away then it will be only 0.5% or so.
To open an account go here:
https://www.treasurydirect.gov/indiv/myaccount/myaccount_treasurydirect.htm
Things to know:
Interest rate resets quarterly to protect you from inflation. If the inflation disappears then it will pay very little.
Minimum a year holding.
Max 10K per year to buy.
To open an account go here:
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
Alternatively, you can invest in Treasury Inflation-Protected Securities (TIPS) where you don't have the constraints above but they work a little differently. The interest that they pay is very small, about 0.5% , but the inflation is automatically added to the principal. E.g. if you invest $1000, then you get $5 per year in interest but if inflation is 7% then next year you'll have $1,070 in your account. So your effective interest rate is 7.5%. However, if there's inflation goes away then it will be only 0.5% or so.
To open an account go here:
https://www.treasurydirect.gov/indiv/myaccount/myaccount_treasurydirect.htm
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Date: 2022-01-18 07:07 pm (UTC)no subject
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Date: 2022-01-19 06:32 am (UTC)no subject
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Date: 2022-01-19 03:05 am (UTC)Правильно
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Date: 2022-01-19 02:07 am (UTC)no subject
Date: 2022-01-19 03:27 am (UTC)Ага, спасибо.
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Date: 2022-01-19 06:34 am (UTC)no subject
Date: 2022-05-05 03:46 am (UTC)Кстати, сейчас (и до октября) ставку подняли do 9.62% годовых.
И спасибо за информацию. Хотя я так до конца не понял, как это будет работать после первых 6 месяцев, решил все-таки купить...