This simple investment can earn you more than 6% with no risk

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Last Updated: Oct. 5, 2021 astatine 10:21 a.m. ET First Published: Oct. 5, 2021 astatine 10:20 a.m. ET

You mightiness privation to hold until Nov. 1 to bargain in

Savings bonds are indebtedness securities issued by the U.S. Department of the Treasury.

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How would you similar to gain a guaranteed 6.7% oregon much connected your wealth without taking immoderate risk? Although it sounds excessively bully to beryllium true, that’s precisely the accidental that volition beryllium offered connected Nov. 1. The investment? Series I savings bonds.

I bonds are 30-year bonds issued by the U.S. Treasury, which are disposable to anyone who opens a free TreasuryDirect account. These bonds are the quintessential risk-free asset. Backed by the afloat religion and recognition of the U.S. government, they have minimal credit risk. They besides connection inflation...

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