My Wife and I Just Bought $30K of the Safest 7% Yield in the World

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If you have up to $10,000 in cash that you don’t want to invest in the stock market, and if you know you won’t need it for about a year, here's the no-brainer of all no-brainers:

Buy U.S. Series I Saving Bonds, and get the safest 7% yield in the world!

Yep, I said “7% yield” and “safest” in the same sentence. The U.S. Treasury Dept. might have its problems, but it will never default on these obligations.

The annual interest rate is actually 7.12% for an I Bond bought right now.

My wife and I already have bought $30,000 worth of these bad boys, and we’ll be buying another $10,000 worth soon.

Check out the video for the full analysis.

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LEGAL DISCLAIMER: Please consult with a licensed investment professional before investing any of your money. Never invest in a security or idea featured on this channel unless you can afford to lose your entire investment. If your money is not FDIC insured, it may decline in value. Mike is not a licensed financial advisor, tax professional, or stockbroker and he does not purport to be. Links above may include affiliate commissions paid to the owners of Dividends and Income and help support this channel.

Видео My Wife and I Just Bought $30K of the Safest 7% Yield in the World канала Dividends And Income