Ask Terry Questions Saving: CDs vs iBonds

Saving: CDs vs iBonds

By Terry Savage on February 28, 2022 | Chicken Money

Is better to put your money into CD’s
or IBonds?

Terry Says

It all depends on when you might need the money. You should hold the iBonds for 5 years minimum. But they will keep up with inflation better than CDs. The banks have so much money they don’t need to raise rates to attract your cash. That’s why CD rates are so low.

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