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by credit_guy
1558 days ago
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If you are in the US, you can buy I-bonds [1]. You can only purchase up to $10000 per person per year in electronic form, and $5000 more in paper form. So, if you are married, you can invest $90k in 3 years. If you have kids, it appears to me you can open minor accounts for them, and invest in their name as well, but I'm not 100% sure. I didn't do that myself yet, but I plan to do it. Quote from the Treasury website: What interest does an I bond earn?
A combination of a fixed rate that stays the same for the life of the bond and an inflation rate that is set twice a year. For bonds issued from November 2021 through April 2022, the combined rate is 7.12%
[1] https://www.treasurydirect.gov/indiv/research/indepth/ibonds... |
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