Skip to main content
No. of Recommendations: 4
From Kiplinger, written in May...

""As of May 1 the interest rate on an I-bond is 4.6%. The rate will reset on Nov 1 but buyers in June will get the 4.6% for the full 6 months. You must hold an I bond for 12 months before you can redeem it, and you will lose the lasat hree months of interest if you cash in before 5 years.
If you buy the bond now and the rate resets at 4%, you'll get 4.6% for 6 months, 4% annualized for three months, and 0% for the last three months, assuming you cash it in at the end of 12 months. That comes to 3.3% for the year, which is better than you can get in a 1-year CD.""

Just something to think about if you're looking for an execptional risk/reward ratio for a short term play of at least one year.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.