Anyone have any ideas on how much the Inflationary index will jump in november?
Also, These seem like good short term investments. Opinions?
2006-07-30 15:50:12 · 4 answers · asked by CaptainObvioustotherescue 4 in Business & Finance ➔ Investing
The Series I Savings Bond inflation component is set using the difference between the Consumer Price Index (CPI) in March and September.
Based on the CPI for June, if no further inflation occurred the next I bond inflation component would be 3.10%. If inflation for July-Aug-Sep runs at the same pace as Mar-Apr-May, the next I bond inflation component will be 6.21%.
If you want a short-term investment, you're probably better off buying T-Bills than I bonds. Either type of investment is available by opening an online TreasuryDirect account.
2006-08-02 11:10:35 · answer #1 · answered by Tom W 2 · 0⤊ 0⤋
I like I bonds in the current environment.
2006-07-30 23:05:11 · answer #2 · answered by jf_stanfield 2 · 0⤊ 0⤋
I don't think there any real way of know where rates will go from here for sure
2006-07-30 22:57:26 · answer #3 · answered by darren 2 · 0⤊ 0⤋
it depends on where you are located, if you are in Asia, its roughly 7%, in America, its approximately 3%.
2006-07-30 23:53:11 · answer #4 · answered by J 4 · 0⤊ 0⤋