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More Money Into Ibonds

 At this point, it seems like a well-known strategy for handling inflation: ibonds. While there was not much press about this, it is in fact something that I did late last year in order to capitalize on the fact that this interest rate was bound for up to 10000 dollars as part of my allotment for 2021. Then now that we're in the new year, I have moved another 10000 into the account.

All of this can be done easily at http://treasurydirect.gov if you're willing to give up the fact that the money is locked up, that the interest rates to be paid will be somewhat lower than you could earn in the market, and you're able to ensure that you're not needing the money for the near future. 

For me personally, I find that this is a great way to lock up about 25% of my emergency (safe) money instead of putting it into a High Yield Savings account. This interest rate changes every six months, but even if it is much lower, I think that we're going to be in much better shape than if we just left it in the bank. And unless we're concerned that the government will default on these (I'm not), then I think we're more-or-less in the clear. 

So, for now, that is what I've done. And I think that I'm lucky to be in the situation that I'm in where I can afford to leave thousands of dollars 'locked up'. It's a crazy luxury that I'd never have imagined being able to do as a kid. 

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