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October 29, 2005, 3:06 pm PDT
I Bond?
Quote From: lemondropImagine, an almost 7% interest on savings.
In a year when the stock market has been down........and savings are paying virtually peanuts........The I bonds can offer an attractive interest rate.
The rate on these bonds which can be purchased thru your local banks.......or the treasury direct.....is at a good rate right now...........one portion of the interest rate will be changing again on Nov. 1 as they are adjusted each Nov. and May.
Resource to check this out............www.bankrate.com
www.suzeorman.com
Happy reading!!!!!!
Happy saving!!!!!!!
These are called "I Bonds"? Is there a minimum deposit to purchase? SOunds great! Thanks for the idea! (I am a dummy, what does the "I" stand for?
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