You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms.

Knowing you must hold this investment for five years to avoid redemption penalty makes it somewhat risky

You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms.

You can’t say that with any certainty. NO investment in any stocks can guarantee a return of an I bond RIGHT now! With the recession almost certain and idiots in control don’t be surprised to see you s& p fund down 20-30% by fourth quarter. Read the tea leaves Biden is riding a race horse to the crash of our economy and every time he picks up a pen or opens his mouth he is spurring it on. Friday’s rally is an anomaly because high fuel prices are going to take its toll when the cold air hits and furnaces fire up ! Gas usage and grocery prices will eat up most people’s savings waaaay before the first frost . So better get the guaranteed money while it’s there
I bond is the only thing I know with that return that CANNOT go negative Will never drop below your initial investment