Talk of The Villages Florida - View Single Post - Anybody concerned about the security of their bank/brokerage accounts?
Thread: Anybody concerned about the security of their bank/brokerage accounts?
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Old 03-26-2023, 10:18 AM
Plinker Plinker is offline
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Originally Posted by nn0wheremann View Post
US Treasury I-Bonds are paying 6.89%. 1 quarter interest penalty if redeemed at one year, no penalty if held for two years.
Zero risk.
Absolutely! I purchased $20K when rate was 9.6% in June, 2022 and another $20K the first week of January, 2023 ($10K each, spouse and myself). This was low-hanging fruit that I pounced on. For those with financial advisors, if they didn’t tell you to make these purchases you need to ask why. Perhaps because they didn’t want to diminish their AUM income?