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Safe investment - i bonds

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Old 03-14-2022, 02:58 PM
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Default Safe investment - i bonds

Go to TREASURY.GOV
I've been buying them for over 20 years.7.12 % now and will probably go up on 4/1. The best kept secret.
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Old 03-14-2022, 03:22 PM
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In current times I’m a little reluctant to invest in anything related to .gov. After my nice little score it’s gold and silver from here on out. At least for the next couple years.
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Old 03-14-2022, 09:52 PM
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Interesting..... Just looked them up.
https://www.treasurydirect.gov/indiv...comparison.htm
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Old 03-14-2022, 10:26 PM
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I buy 10K for me and 10K for my wife each calendar year, which is the maximum amount allowed, but you can buy another 5K with your income tax refund per calendar year. So it is only peanuts and won't make a difference to most portfolios. If I could purchase much, much larger amounts I would, as it would at least keep us close to inflation.
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Old 03-15-2022, 04:02 AM
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Originally Posted by sy goldberg
Go to TREASURY.GOV
I've been buying them for over 20 years.7.12 % now and will probably go up on 4/1. The best kept secret.
You probably have your first nickel you ever earned
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Old 03-15-2022, 09:37 AM
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Originally Posted by sy goldberg
Go to TREASURY.GOV
I've been buying them for over 20 years.7.12 % now and will probably go up on 4/1. The best kept secret.
10K max investment reaps $712 tax free.

So even if the rates didn't change over the last 20 years you made $14,240 on a 10K investment.

Walmart stock is up +74.91 (107.18%)today in the last 5 years alone. Very blue chip stock, not tech stock risky.

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Old 03-15-2022, 11:19 AM
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I bonds are only a small part of my portfolio.I started buying them in 2001 when you could BUY $30,000 per social security number.This rule lasted for about 10 years and then changed to the $10,000 limit.I still think this a safe place for a person to invest and it sure beats what banks are paying. The key is to buy a bond every year and let the interest keep compounding.
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Old 03-15-2022, 11:38 AM
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Originally Posted by Jupiter Sunsation
10K max investment reaps $712 tax free. So even if the rates didn't change over the last 20 years you made $14,240 on a 10K investment. Walmart stock is up +74.91 (107.18%)today in the last 5 years alone. Very blue chip stock, not tech stock risky.
I started buying I bonds back in the 90s. They are not tax free. I was going to use them to pay for my kids college. Found out I make too much, and was taxed on every penny I made on them. There were quite a few years were they paid zero interest, plus the fixed rate. Basically duds. ​​​​​​​I sold a bunch back in 2020 too invest in the market. Made more in 2 years than i did in 20 plus years holding on to them. The ones I still have are paying over 8% the last time I looked. ​​​​​​​​​​​​​

Last edited by underpsi68; 03-15-2022 at 11:42 AM.
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Old 03-15-2022, 06:47 PM
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Hey Sy are you ever going to tell the full story on Rice Hauler? You promised when it was over in the courts you would tell the "rest of the story"..........Don't take Offshore history to your grave!
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Old 03-16-2022, 10:49 AM
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I signed a NDA many years ago and it is still in force as per the insurance carrier and the authorities.request.
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