Reply to F---ing I-Bonds

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The catch is that these are measly returns. 7% on 10k? Sure, 700 is nice, but no one is going to be getting rich off these things. [/quote]

You forgot a very important word - "guaranteed" return.

No one is suggesting an I-bond be the primary vehicle for wealth creation.  But they can be an incredibly helpful part of it.  [/quote]

Yep, especially since most 2 parent 2 kid households could buy 80k in the next 6 months which would bring it up to 5.6k.  But more importantly, that safe anchor frees up the ability to take risks elsewhere with investments.[/quote]

Most two parent two kids households have 80k spare to invest??? What planet are you living on???[/quote]

When I said "could" --I was meaning they could have that max allotment, not that they actually have the money to spare!  Sorry for the confusion!  That said, since it's guaranteed rate, the money could be a back-up emergency fund (you can't use it for a year so you wouldn't want it to be your whole e-fund--rather laddered in), a place for college savings to be put when your kids are getting closer to college age, where you put the money you're saving for a new car, household remodeling etc.  It doesn't have to be entirely spare money.[/quote]

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