I Bonds
invite response
2022 May 20, 10:10am 1,116 views 10 comments
by gabbar ➕follow (1) 💰tip ignore
Has anybody purchased I bonds? What are the pros and cons of this? Thank you.
Comments 1 - 10 of 10 Search these comments
1
rocketjoe79
2022 May 20, 10:26am
rocketjoe79
2022 May 20, 10:26am
My son is pushing me hard on IBonds. It's kinda like free money while Inflation Rates are high. I just don't have the patience to manage them.
5
stereotomy
2022 May 20, 10:51am
stereotomy
2022 May 20, 10:51am
gabbar says
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
zzyzzx says
Annual Limits are the real con here.
Everyone in a family can purchase I bonds?
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
6
gabbar
2022 May 20, 11:07am
gabbar
2022 May 20, 11:07am
DooDahMan says
Thank you, I have some money sitting in a checking out that I dont need. I am going to buy these, seems like a good deal to me.
Answers to all of your questions on I-Bonds
Thank you, I have some money sitting in a checking out that I dont need. I am going to buy these, seems like a good deal to me.
7
TheSameAD
2022 May 20, 1:42pm
I used to buy I series savings bonds online using my Discover Card. I would get 1% back for the purchase.
The government stopped allowing the purchase of bonds using credit cards.
I series savings bonds are a decent investment.
.
The government stopped allowing the purchase of bonds using credit cards.
I series savings bonds are a decent investment.
.
8
EBGuy
2022 May 20, 1:43pm
gabbar says
We are in the process of purchasing for the whole family. My only regret is that we did not do last year as well as it seems a good place to park an emergency fund.
I am going to buy these, seems like a good deal to me.
We are in the process of purchasing for the whole family. My only regret is that we did not do last year as well as it seems a good place to park an emergency fund.
9
gabbar
2022 May 20, 1:49pm
gabbar
2022 May 20, 1:49pm
Does anyone know if these bonds are protected assets if one files bankruptcy?
10
EBGuy
2022 May 20, 2:59pm
gabbar says
Not as far as I can tell. Just this in Ohio..
Ohio Wildcard Exemption
A wildcard exemption allows you to exempt any property of your choosing. Ohio's wildcard exemption will cover up to $1,325. (Ohio Rev. Code Ann. 2329.66(A)(18).) Learn how to add a wildcard to another exemption and protect even more.
Does anyone know if these bonds are protected assets if one files bankruptcy?
Not as far as I can tell. Just this in Ohio..
Ohio Wildcard Exemption
A wildcard exemption allows you to exempt any property of your choosing. Ohio's wildcard exemption will cover up to $1,325. (Ohio Rev. Code Ann. 2329.66(A)(18).) Learn how to add a wildcard to another exemption and protect even more.
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