Source: http://www.thriftyfun.com/tf71510081.tip.html

Buy Savings Bonds for a Great Savings Rate

For a great savings rate, buy Series I Savings Bonds.

The Pros: You will earn over 5% interest, they are insured by the US Government and you can buy them for as little as $50. You only pay fed tax on the interest.

The Cons: You must hold for a year, and if you cash them in within 5 years you lose 3 months interest. The interest rate changes every May and November.

For more information visit:

http://www.treasurydirect.gov/

By Jon from Reedsburg, WI

Source: http://www.thriftyfun.com/tf71510081.tip.html

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