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treasurydirect after registration...account no mail raataniki entha time padutundhi...?


dasari4kntr

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4 hours ago, sateeshm said:

evarina explain cheyandi bro asalu ibond use enti

interest rate 9.62 antunaru

ante 10k ki monthly 1k na profit

TIA

Current Interest rate is 9.62 per year. Not per month. So roughly, $962 profit per year assuming the rate stays the same after Nov 1st. 

If the interest rate goes down to ~6% as predicted, then the average interest rate for the next 1 year will be ~8%. If you withdraw exactly after 1 year, you lose interest for 3 months. You get interest for only 9 months. So, profit will be 800*9/12 = 600. And you pay taxes on that $600. Assuming tax is ~30%, effective profit is $420. Which is roughly 35$ per month after taxes!

If you choose to keep it for longer, the math varies based on the interest rates in the future since this is totally a variable interest rate based on inflation numbers.

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Why ibonds ? Why dont you buy treasury bills for 4 weeks. I invested 10k in one of the treasury bills for 4 weeks. You are going to make same percentage in two months

4-Week 912796YS2 11/01/2022 11/29/2022 3.600% 3.660%

 

 

 

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