4.7 • 9.2K Ratings
🗓️ 3 May 2022
⏱️ 9 minutes
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0:00.0 | NPR. |
0:11.7 | This is the Anticative from Planet Money. |
0:13.4 | I'm Darian Woods. |
0:14.6 | And I'm Whalen Wong. |
0:16.2 | With inflation at a 40 year high, people with the ability to save or invest are looking |
0:21.3 | for good places to park their money. |
0:24.0 | And the options, frankly, are not looking that inspired right now. |
0:27.7 | Yeah, I mean, at least if you look at the last fun in the six months in this talk market, |
0:32.4 | it is a bit of a blood bath out there. |
0:34.8 | Yeah. |
0:35.8 | And even a high yield savings account is paying under 1%. |
0:38.9 | Not exactly something to shout from the rooftops. |
0:41.5 | But there is one security that is virtually risk-free and pays a guaranteed return of, |
0:48.5 | are you ready for this? |
0:50.0 | 9.62%. |
0:51.0 | It's pretty high in the stay-in-edge. |
0:53.5 | And it's called the Series I Savings Bond or the I Bond for short. |
0:58.6 | And it's kind of this obscure underdog of the financial world. |
1:01.6 | Like think about the trends in finance. |
1:03.8 | When the middle of a crypto craze last year, it was day trading and meme stocks. |
1:08.8 | Just take the opposite of that. |
1:10.2 | Simple, predictable, blandness. |
... |
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