I am currently a college student, finishing in 2019, planning on going to graduate school after undergrad. (More accurately, planning on having the option to go to grad school--lots of things could change my mind).
Right now, I have pretty sizeable savings in an Ally savings account at 1% interest. I noticed that Series I savings bonds are currently at 2.76%. Would it be a good idea to buy some bonds with that savings for the next 2-3 years?
I understand a couple of the drawbacks, especially the decreased liquidity, but this won't really effect me for my goal. How exactly are the rates determined? Are they likely to dip below 1%? Can I cash out anytime after 12 months?
Submitted January 20, 2017 at 03:28PM by PF_Hawlucha http://ift.tt/2jWaqzQ
