I bonds
I am 89 years old and very un-knowledgeable with investing. I have too much money in a MM account. I don’t feel that I want to invest in an IRA. I am thinking
I-bonds. Can I buy more than one $10,000 co-owned electronic I bond in one year if they are with different co-owners. Will welcome suggestions. Thank you.
Terry Says
No, that’s not what you want to do. You cannot invest in an IRA because you are not working.
But you can get a higher rate of interest with complete safety (likely 5.25%) if you purchase U.S. government 6-month Treasury bills. There is no limit on how much of this investment you can buy.
Please read this and write back if you have any more questions: https://www.terrysavage.com/t-bills-beat-cds/
