06-27-2022, 05:19 AM
Abusing I-Bonds for strong return?
<!-- SC_OFF --><div class="md"><p>Can anyone explain if this works as I didn't know this was a thing. I-Bonds are capped out at 10k per entity. </p> <p>So individually I can only put 10k in per year. But I could set up a sole proprietor business and put another 10k in. Then I can set up an LLC or Corp and put another 10k?</p> <p>^ With this set up I can do 30k/year risk free, no? Also, if you put all the money in during April or October, before the rates change, you basically are locking in 9-10% for the entire year.</p> <p>Is there any reason this doesn't work? Can I do it all under the same account on Treasury Direct or will I need separate accounts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/realdevilsadvocate"> /u/realdevilsadvocate </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/vl8518/abusing_ibonds_for_strong_return/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/vl8518/abusing_ibonds_for_strong_return/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Can anyone explain if this works as I didn't know this was a thing. I-Bonds are capped out at 10k per entity. </p> <p>So individually I can only put 10k in per year. But I could set up a sole proprietor business and put another 10k in. Then I can set up an LLC or Corp and put another 10k?</p> <p>^ With this set up I can do 30k/year risk free, no? Also, if you put all the money in during April or October, before the rates change, you basically are locking in 9-10% for the entire year.</p> <p>Is there any reason this doesn't work? Can I do it all under the same account on Treasury Direct or will I need separate accounts?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/realdevilsadvocate"> /u/realdevilsadvocate </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/vl8518/abusing_ibonds_for_strong_return/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/vl8518/abusing_ibonds_for_strong_return/">[comments]</a></span>