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You can purchase them electronically via Treasury Direct or use your tax refund to buy a set amount of paper certificates. Every individual can buy up to $10,000 in electronic I-bonds per year. Plus Creative Ways To Include Them In Your InvestmentPlan appeared first on Gen Y Planning.
FDIC also has a very useful calculator FDIC’s Electronic Deposit Insurance Estimator (EDIE). On the other hand, a Money Market Fund is a type of investment fund that invests in short-term, low-risk debt securities such as treasury bills, commercial paper, and certificates of deposit.
Certificates of Deposit (CDs). The first place I would park some of the money is in a Certificate of Deposit (CDs). A Certificate of Deposit (CD) is pretty much the safest and most guaranteed investment you can make. Or, you might throw it into a Certificate of Deposit with Discover Bank.
If you’re looking for a true low-risk, high-yield investment, look no further than Series I bonds. They can be purchased electronically in denominations as little as $25. Longer Term Certificates of Deposit (CDs). This is another investment that falls under the low risk/relatively high return classification. government.
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