Savings bond strategy
#16
Moderator: Southwest Airlines, Capital One
Join Date: Sep 1999
Location: California
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Posts: 21,894
Originally Posted by Faye
Bonds, especially I bonds, don't even see any reason to buy EEs, are a great deal. The yield is not just the rate you get, you will also have to add in the inflation for it's true yield...Currently inflation is low, but just you wait. With the way our government is spending money we don't have. Can't see how to avoid high inflation.
#17
Join Date: Apr 1999
Location: Oak Park, IL
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Posts: 3,585
Depends when you bought your I bonds
I have some I bonds that I bought when the fixed portion was 3% - so how much your yield depends on the fixed portion when you bought them. The have a calculator where you can put in the date - and you will get the effective yield. Plan on keeping those as long as I can.