Savings Bonds are now paying over 3% for the next few months. The only catch, they change interest rates every May and Nov. and you must hold them 5 years or pay 3 months of interest.
By Jon from Reedsburg, WI
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Series E and Series I Savings Bonds are a much safer investment than mutual funds or buying stock. Several years ago my son lost a substantial amount of money when he invested in mutual funds. Now he will only invest his money in savings bonds.
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