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OT: Making Your Cash Work Harder as Interest Rates Rise.

gr82baspartan

All-Daugherty
Gold Member
Nov 16, 2003
14,990
7,311
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Article Snippets. From wsj article

" It's possible to squeeze a higher rate of return from even your safest assets."
I savings Bonds, The Little known but Safe, High Return Investment. "

"There's an investment that's 100% backed by the U S Government', never loses its value and is paying more than 7% interest a year. So why haven't most Americans heard of the Series I Savings Bond?"

,,,,,Bottom Line: the Feds Rule at.
treasurydirect.gov

,,,,Monday Feds should be setting new rates. Guesstimates as hgh as 9.6% Annualized. Means you should get about 4.8% for 6 months till the rates change next November 1.

,,,,new participants can't withdraw their money for one year.
,,,,3 month interest penalty for withdrawal years 2-5

If Interested, a Lite website review may be of interest ,, post weekend full of NFL draft watching, and GR8 Hockey hiring insight by our MSUStudent..

,,,cheers
 
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