I bonds issued May 1, 2013 – October 31, 2013 is 1.18%
Fixed rate: 0.00%
Inflation rate: 0.59%
I Bond Rate: May - Oct 2013
Moderator: Global Moderator
I Bond Rate: May - Oct 2013
“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.� ~Talmud
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MachineGhost
- Executive Member
- Posts: 10054
- Joined: Sat Nov 12, 2011 9:31 am
Re: I Bond Rate: May - Oct 2013
Jeeze, terrible! At some point short term rates may triumph I-Bonds. There's already online savings accounts paying a bit north of 1%.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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WildAboutHarry
- Executive Member
- Posts: 1090
- Joined: Wed May 04, 2011 9:35 am
Re: I Bond Rate: May - Oct 2013
That 1.18%, terrible though it may be, is federal tax deferred and state tax exempt.
It is the settled policy of America, that as peace is better than war, war is better than tribute. The United States, while they wish for war with no nation, will buy peace with none" James Madison