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Originally Posted by suedavids
We have owned i-bonds for several years now. Honestly, we've made more money in stocks but for a secure saving vehicle, these can't be beat. I am planning on purchasing some for myself and my husband on Nov. 1st when the new rates come out.
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I have a question. Why would you buy them on November 1? From what I have read (please note I'm still a newbie with this concept), the interest is paid for the entire month even if you purchase the ibond at the end of the month. Wouldn't it be better to earn an extra month of interest in a bank account and buy them at the end of November instead of November 1? or am I missing something?