2.40 % on your money!

Looking for something stable and a better than what the banks give on interest rate.

Wanted to throw this out.

https://www.santeecooper.com/about-santee-cooper/investors/mini-bondholders/minibond-sale/index.aspx?cmpid=Print_scminibonds

Good find, only available until April 29th. Much better than the banks right now.

May all your favorite bands stay together…

Got some of those earlier this month at 5% They were about gone when we got ours.
Still not a bad deal on those there.

Stupid question but, I am assuming you guys buy these with a fairly long-term investment in mind? I get that the longer you leave your money in, the rates inch up thus more money made but, can you cash out at any point? Not familiar with mini-bonds.

“Apathy is the Glove into Which Evil Slips It’s Hand”, but really, who cares?

yes can sale them almost any time but want
to pick your time.

Yes buy them to cover the “safe money” part of the portfolio. These bonds are in small increments, 200 or 500. So if you put in say $10k, but in 2 years you need 3750 of that back, cash out 8 - 500’s, it will cost you 6 months of the interest on those 8. That’s it, they can not dip into the principle for the early withdrawal penalty.