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AdditionalAttorney t1_iujswkr wrote

Why do you want/need i bonds? That’s the first question.

They serve a specific purpose.

Some ppl use it as a long term bond holding part of their overall asset allocation needs in their portfolio

Some people layer it in for their emergency fund bc the rate was higher than a HYSA

Some people use it for sinking funds that are 1-5 years out (you lose some interest in this case).

there’s not a blanket statement of “get bonds”

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WhydIGetLocked OP t1_iujt8yv wrote

Haven’t thought of a specific purpose, not using my emergency funds on it or anything just somewhat young and have money in the bank that’s not doing much of anything. Was wondering if I-bonds were a good option for putting that money to use seeing as I probably wouldn’t need to withdraw it early.

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AdditionalAttorney t1_iujuzot wrote

If you don’t need the money for 5 years you’re much better off investing in a broad market index fund like the vanguard total market index.

Go through the flow chart in the wiki, that will help you figure out what the money should be for

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