I savings bonds are paying 7%.
Not crappy for the safest investment you are going to find.
lending money to a bankrupt and corrupt government is hardly safe.
“I savings bonds are paying 7%.”
$10k max.
Actually locking in my bond this week while it’s at 7.12%. Not bad compared to blue chip MFs sitting at -5 to -8% right now for YTD return... Ugh.
If you’re earning 7% and inflation is 8.5% you have a guaranteed loss of 1.5% a year...
The next rate is estimated to be 9.6% in May. So, if you buy before April 27, you’re guaranteed 7.12 for six months and 9.6 for the next 6 months. Now’s the time to buy if you haven’t already.