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Brown Cafe UPS Forum
Life After Brown
Anyone Afraid Of Inflation?
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<blockquote data-quote="Darmark7" data-source="post: 5077723" data-attributes="member: 83127"><p>7.12% is for 6 months. They call that a teaser rate. I wonder what the rate will be after 6 months? Still a place to put some cash.</p><p></p><p><em>“For the first six months you own it, the Series I bond we sell from November 2021 through April 2022 earns interest at an annual rate of <strong>7.12 percent</strong>. <strong>A new rate will be set every six months</strong> based on this bond's fixed rate (0.00 percent) and on inflation”</em></p></blockquote><p></p>
[QUOTE="Darmark7, post: 5077723, member: 83127"] 7.12% is for 6 months. They call that a teaser rate. I wonder what the rate will be after 6 months? Still a place to put some cash. [I]“For the first six months you own it, the Series I bond we sell from November 2021 through April 2022 earns interest at an annual rate of [B]7.12 percent[/B]. [B]A new rate will be set every six months[/B] based on this bond's fixed rate (0.00 percent) and on inflation”[/I] [/QUOTE]
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