- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Where to park $10k that's low risk?
Posted on 12/27/21 at 9:04 pm to JohnnyKilroy
Posted on 12/27/21 at 9:04 pm to JohnnyKilroy
Only issue I have with this is creating more taxable income via the interest.
Posted on 12/27/21 at 9:20 pm to lynxcat
quote:
Only issue I have with this is creating more taxable income via the interest.
For me the only real risk is that I'm converting part of my emergency fund to I-bonds. So as long as I don't need that part of my e-fund in the next 12 months I should be good. It would take something truly catastrophic for that to happen but that's the risk.
Otherwise that 10k would be sitting in an ally account collecting 0.5% interest (and falling).
You also don't have to pay the taxes on the interest until you redeem.
This post was edited on 12/27/21 at 9:26 pm
Posted on 12/27/21 at 9:22 pm to lynxcat
No different than high yield savings/checking account or CDs. Also, the interest is tax deferred till you redeem the bond and you can redeem smaller partial amounts.
Popular
Back to top
Follow TigerDroppings for LSU Football News