Savings bonds, after convertible, and municipal bonds, are the third alternative option for investors to consider - which I am sure most of us have heard about. This one is the most effective fixed-income investment you can currently make, and buy these bonds from directly the U.S. Treasury.
Unfortunately, most people do not know it is possible; however, anyone can visit treasurydirect.gov and open an account and buy any amount, up to the penny - ranging from $25 to $10,000.
And here's the best part: these savings bonds currently pay an astounding 9.62 percent - this is not a typo error. These bonds are paying a fixed interest rate which now is higher than inflation. There is only one dilemma you can only purchase the maximum amount of $10,000 per calendar year.
Again, these U.S. Series I Savings Bonds will yield interest at a fixed rate for 30 years. However, there are some additional things to be aware of:
For those who are interested in purchasing these bonds, There are two methods to buy these savings bonds:
That is it. It is that easy, and this option of investing in savings bonds presented here is the third option to consider as a fixed income return in the current market conditions. I plan to disclose other opportunities to my readers over the coming months, so please stay tuned.
In light of the current economic climate, it is not the time to get into stocks. I would recommend investing a specific amount of money regularly, bi-weekly or monthly, into savings bonds.
Keep in mind that I'm not able to offer specific investment advice. But, I do hope that the method I have described above will give valuable tips for your investment strategy.
This article was printed from TradingSig.com