Jun 14 2022
Ep 64: I-Savings Bonds: What Are They and Why Are They So Popular?
It's been hard to find investment products that people can participate in that limit their downside risk of loss while also paying a decent interest rate. For this reason, I-savings bonds have exploded in popularity.I-savings bonds (I = inflation) are government savings bonds that pay an interest rate that is tired to the CPI - U inflation rate in America. Lately, as inflation has skyrocketed, so has the interest rate on these savings bonds.In this episode, Derek explains how they work and what investors should be aware of if they decide to take advantage of these savings bonds.