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Money and Finances
Reply to "F---ing I-Bonds"
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[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] Is this because of the $10,000 calendar year limit? So you and your spouse could each buy $20K now and $20K on Jan 1st and then you could also do the same for each of your children with a minor account?[/quote]
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