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Series I Savings Bonds (I Bonds) are also worth mentioning here, although you can only invest up to $10,000 per person in electronic I bonds in any given year. With that in mind, you’ll only want to invest in annuities if you’re 100% certain you need one as part of your investmentplan.
You also want to ensure you have a basic understanding (at minimum) of any investment you make (e.g., You should also understand investment terms. Your investmentplans should be part of your monthly budget, where you allocate a certain percentage of your income toward your investment goals.
If you’re looking for a true low-risk, high-yield investment, look no further than Series I bonds. They can be purchased electronically in denominations as little as $25. In general, growth stocks work best for retirementplans. Deferred annuities work something like retirementplans. government.
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