Comparison of TIPS and Series I Savings Bonds

When you think of inflation protected bonds, you probably think of TIPS. But did you know that I Bonds are also adjusted for inflation? There are, however, significant differences between TIPS and I-Bonds. Treasury Direct, which has a wealth of information on U.S. bonds, has created a handy chart explaining the difference between these two […]

Ally Bank Offers 11-Month No Penalty CD

Perhaps the biggest drawback to a certificate of deposit is that you have to lock your money away for the term of the CD. While you can withdraw your deposit early, with most CDs you get hit with a penalty equal to several months worth of interest. Recognizing this drawback, several banks have encouraging new […]