A Silver Lining to High Inflation

If you access savings in the bank you may want to consider investing in Series I bonds. Series I Bonds currently have an annualized yield of 9.62% and you are able to invest up to $10K per person. The rate will be reset every November 1st and May 1st. You will want to make sure you can afford to keep the money invested for at least one year. If you cash out after just one year they will capture three months worth of interest if you hang on for five years there is no penalty. You will want to visit the following website for more details. https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm#myself