WhydIGetLocked OP t1_iujt8yv wrote on October 31, 2022 at 9:33 PM

Reply to comment by AdditionalAttorney in Are I-bonds still worth it? by WhydIGetLocked

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.

AdditionalAttorney t1_iujuzot wrote on October 31, 2022 at 9:45 PM

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