Greetings avagias,So would it be a good idea for me to put some of my savings into I-Bonds?Depends on what you call long term.Are there any drawbacks I should be aware of?Well, http://www.savingsbonds.gov/sav/sbicash.htm notes these points:"You can cash your I Bond any time after six months and get your original investment plus earnings. However, I Bonds are meant to be longer term investments, so if you cash a bond within the first five years, you'll forfeit three months' worth of earnings. "Thus, for the first 6 months it isn't liquid and after for the next 4.5 years you'd get a penalty that means it isn't really earning the whole percentage you saw as well as the total rate of return changing every 6 months I believe.Any advantages/disadvantages?? Any info on this topic would be much appredicatedTax-deferral would be one upside of I-bonds. http://news.morningstar.com/news/MS/Article/0,1299,4227,00.html has more notes and links about I-bonds although it does require registration on Morningstar's site I believe.HTH,JB
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