Flying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 month agoPassive incomelemmy.worldexternal-linkmessage-square130fedilinkarrow-up11.66Karrow-down115
arrow-up11.64Karrow-down1external-linkPassive incomelemmy.worldFlying Squid@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 month agomessage-square130fedilink
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up4·1 month agoI bonds have variable rates. If you buy an i bond at a certain rate it only keeps that rate for 6 months.
minus-squareacosmichippo@lemmy.worldlinkfedilinkEnglisharrow-up3·1 month agoand 9% back in 2022 was about in line with inflation anyway.
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up1·1 month agoWhich is literally the point of I bonds. They match inflation exactly. That’s why the rate is variable. (I’m pretty sure you knew this, just explaining for other readers)
I bonds have variable rates. If you buy an i bond at a certain rate it only keeps that rate for 6 months.
and 9% back in 2022 was about in line with inflation anyway.
Which is literally the point of I bonds. They match inflation exactly. That’s why the rate is variable.
(I’m pretty sure you knew this, just explaining for other readers)