This Savings Bond Now Pays Nearly 7% — Should You Buy?
The U.S. Treasury is still offering an impressive return, but this investment is not necessarily right for everyone.
The U.S. Treasury is still offering an impressive return, but this investment is not necessarily right for everyone.
Bonds might be the missing piece in your portfolio. Hereâs how to buy bonds, why you might need them, and what exactly to look for.Bonds might be the missing piece in your portfolio. Hereâs how to buy bonds, why you might need them, and what exactly to look for.
The post How to buy bonds: The ultimate beginnerâs guide appeared first on Money Under 30.
Idle funds are funds that aren’t serving any specific purpose or working for you in any way. This is a term that’s often used when discussing business and government finance. It’s common for government entities and corporations to have idle money sitting in cash reserves until it’s ready to be used for specific expenditures. It’s […]
The post Guide to Idle Funds: Where to Put Them appeared first on SoFi.
Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to ⦠Continue reading â
The post Treasury Bills vs. Bonds: Whatâs the Difference? appeared first on SmartAsset Blog.
Do you remember the first time you wrote a check for $100?The first $100 check I wrote was for my cell phone waaayyy back in 1997. Whoaâ¦that brings back memories. At that point, it hadnât even occurred to me to invest the 100 dollars â I was just happy to have my cell phone!What about […]
The post How to Invest $10K Dollars appeared first on Good Financial Cents®.
These institutions are leading the way in offering better yields to customers.
Making sure your money is working hard for you is an important skill to have if you want to have a sound financial situation. While it might be easier to keep all of your money in the same accounts no matter what (“set it and forget it”), a policy like that could cause you to
The post What to Do with Your Money Now that Savings Rates are Up appeared first on MintLife Blog.
I get a lot of questions about money. These questions tend to vary based on the asker and her needs, but there’s one question I get more often than any other: “What’s a safe investment with a high return?”
For the past decade or so, I’ve had no answer to this question. Savings accounts and certificates of deposit are safe, sure, but they’re no longer attractive investments. Since the Great Recession of 2008/2009, interest rates have remained shockingly low. This is by design. The government doesn’t want you parking your money in a savings account. They want that money out circulating in the economy.
Over the long term, the stock market offers excellent returns. But when people are asking for “safe” investments, they’re wanting avoid short-term volatility, which means stocks are out of the question. (And stuff like Bitcoin and precious metals are even more out of the question!)
Today, however, while catching up on my blog reading, I stumbled upon a link from Michael Kitces’ weekly roundup for financial planners. The story he shared blew my mind. Writing in The Wall Street Journal, Jason Zweig explains the safe, high-return trade hiding in plain sight. (This article is behind a paywall.) That safe, high-return trade? U.S. government Series I savings bonds.
These inflation-adjusted bonds are currently yielding 3.54% annually!
Savings bonds: before writing for Money Under 30, all I knew about them was that I thought they were a terrible gift when I was little! I remember getting savings bonds as prizes in elementary school, looking at how long they would take to mature, and just thinking: âWhat the heck do I do with […]Savings bonds are an interest-earning investment backed by the government, and they can protect the value of your money against inflation.
The post Savings bonds for beginners: How do they work and where can I buy them? appeared first on Money Under 30.