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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: nextrade! who wrote (201412)	5/8/2009 11:45:08 PM
From: bull_dozer	Read Replies (2) \| Respond to of 306849

Yikes! Series I Savings Bonds paying 0.0% With consumer prices under control — at least for now — inflation is no longer a big worry for most savers. But if you’re one of the inflation-averse savers who bought Series I savings bonds to protect you from inflation, you just got a nasty surprise. Call this the flip side of the government’s massive efforts to prop up the banking system and get the economy back on track. Low interest rates are great for lenders and borrowers. But they’ve made life a lot tougher for savers and retirees living off a lifetime of savings. Story continues below ?advertisement \| your ad here Series I bonds (the “I” is for inflation) are designed to protect you from the corrosive effect inflation has on the money you set aside for a rainy day. If you put away $100 today and inflation sends prices higher, your $100 won’t buy as much when that rainy day arrives. msnbc.msn.com