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Financially Well

Kevin Mahoney, CFP®

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Is This Your Best Investment Opportunity Right Now?

• 8 min

How much interest does your savings currently earn in your bank account? What type of terms would you accept for a 7% return on that money?    Welcome to the millennial finance podcast Financially Well. In this episode, Kevin Mahoney, CFP® will consider whether Series I savings bonds are the best investment opportunity right now for Millennials with extra savings. In particular, he’ll tell you what I bonds are and how you can evaluate whether they make sense for your finances. Kevin, who specializes in financial planning for Millennials, regularly hears from peers who want to "make their money work" for them. I bonds are trendy right now as a form of inflation protection, but how does this investment choice fit within your portfolio and overall objectives? I bonds will make sense for some savers. Are you one of those people, though? 

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