Connect with us
-Advertisements-

Article

12 Best Investment Options in 2024

Published

on

-Advertisements-

4. Series 1 Saving Bonds

Series 1 savings bond

After corona, inflation has been rising. So if you want an investment option to fend off inflation with no risk, Series 1 saving bonds are for you. The payout is higher if the inflation is at a higher rate and vice versa. Though you can invest in these bonds for up to $10000 only, or you can levy your tax returns on this. You can only grab money out of these bonds after five years, or you will have to pay a fine.

These bonds save you from losing the purchasing power of money, which is a downside in all the options. You can buy them in the U.S Treasurery.

-Advertisements-

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

-Advertisements-