A solid investment
Don't invest in a safe; invest in making more money.
IBonds are U.S. Treasury bonds with interest rates that are adjusted for inflation. They are engineered to make sure you always make a real profit, so they never lose value. The interest rate on IBonds right now is 5.64 percent, much higher than a traditional savings account.
So where can you get your hands on some?
Buy IBonds online
Well, it just so happens you can get some at TreasuryDirect, the U.S. Treasury’s web site that lets you do all-online financial transactions. The same way you can get a no-fax payday loan or apply for credit cards without leaving your computer, you can purchase Treasury bonds that will start earning money for you right away.
How to set up an account
Before you set up your TreasuryDirect account, make sure you have these things handy:
- Social Security Number (Taxpayer Identification Number)
- Driver’s License Number or State ID and Expiration Date
- Bank Routing Number and Account Number
- E-mail Address
- A browser that supports 128-bit encryption
When you get to the TreasuryDirect site, click on “TreasuryDirect” under the “Open An Account” menu at the right. ... click here to read the rest of the article titled "Buying IBonds Online | Free, Easy, Convenient"
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