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Rave-Unicorn-Votive t1_j6oq9no wrote

Reply to comment by Jig_2000 in Question: When you purchase an I Bond can you deposit more into that bond? by Jig_2000

If you buy today, you'll get the current rate for 6 months and then the next rate for 6 months.

The chance of the rate going up in May is infinitesimally small. Like, even rounded up it would be written as 0.00% small.

And there are no real returns with I bonds, they literally preserve buying power. You save enough to buy a Happy Meal today and you'll have enough to buy a Happy Meal in 20 years.

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GAULEM t1_j6otimy wrote

> And there are no real returns with I bonds, they literally preserve buying power. You save enough to buy a Happy Meal today and you'll have enough to buy a Happy Meal in 20 years.

Not entirely true. Series I Savings Bonds purchased during the current six-month period have a fixed rate of 0.4%, so in 20 years you'd have enough to buy about 1.08 happy meals.

Admittedly, it might be a challenge to find a place that sells fractional happy meals.

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Rave-Unicorn-Votive t1_j6ou48h wrote

> find a place that sells fractional happy meals.

The three fries must go somewhere, right?

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