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re: Need Advice on What to do with some Money
Posted on 2/21/22 at 10:48 am to Wallace Ritchie
Posted on 2/21/22 at 10:48 am to Wallace Ritchie
quote:
Do ibonds. Making 7% right now and you can cash out anytime you need money. I use ibonds as an emergency fund but it’s also great because the interest is tied to CPI.
How have I never heard of this.
Are there any penalties for selling early other than losing the last 3 months of interest?
Kinda stinks that 10k/year is the limit per person. Would be a hell of a hedge against inflation.
1
Posted on 2/23/22 at 1:08 pm to fjlee90
No other penalty I am aware of. Very liquid.
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