TIPS vs IBond vs T Bills
Have $20,000 cash in low interest MM account. This is for long term – not chicken money. Split between the 3 types of securities?
If suggest any amount to I-bonds should I invest now or wait till next auction? Currently have $20,000 in I-Bonds from last auction and just put in $10,000 in five 26 week T bills.
Terry Says
Unless it’s an IRA you don’t want to buy TIPS.
How did you get $20,000 in I-bonds, since you’re limited to $10,000/year.
And the “sweet spot” for rates currently on T-bills is 6 month bills. That’s where I’d go.
