How to Buy i-Bonds from Treasury Direct (2022) Step-by-Step
I-bonds are a type of investment offered by the US Treasury. They offer a guaranteed return of 9.62%, making them an attractive option for investors who are tired of seeing their stocks drop in value. In this video, we'll walk you through the process of buying I-bonds online from the US Treasury website.
The first step in purchasing I-bonds is to visit the US Treasury website and set up an account. This only takes a few minutes and simply requires you to provide your social security number, email address, and bank account information. After you've created an account, you'll need to select the investment you want to purchase, which in this case is the I-bond.
Once you've selected the I-bond, you can choose to make a one-time purchase or set up a purchase schedule to add money over time. The minimum contribution is $25, but you can choose to invest more if you wish. After you've set up your deposit amounts and timeline, all you have to do is click submit and you're ready to go.
I-bonds are a great option for building an emergency fund, as they offer a higher return than many high-yield savings accounts. They are also a low-risk investment, as they are backed by the US government. If you're interested in buying I-bonds, make sure to watch the video for a step-by-step guide. And don't forget to let us know in the comments if you currently have any funds invested in I-bonds, or if you're considering making a purchase.
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