Sunday, October 23, 2011

Looking for some higher interest income?

I just added another $100 to my U.S. Savings Bond holdings. I set up an account with Treasury Direct a couple of years ago. Not sure why I hadn't even checked the current rates (they've only been out for almost six months!). But shoot....if I can earn 4.6% for the next six months, then 3.06% for the following six months...that's better than I could dream to earn anywhere else!

See here for a much better explanation than I could ever give.

And safety? Well...it's debatable whether the U.S. Treasury is really a good investment. Although I am of the belief that if they default, all our investments will be screwed. :-/

No comments:

Post a Comment