Today is the last day to buy I bonds and get a guaranteed 9.62% for the next six months. With savings rates low, stock and crypto markets in the tank, and inflation high, these bonds are appealing to many. The Treasury Department is facing record demand, crashing the website.
You can purchase $10,000 of I bonds every year, per person. If you are kicked off the site for any reason, you have to start all over again. Make sure to get a confirmation of your purchase.
I expect the next 6 month period to offer close to 8% rates. We’ll see how close I am.
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