Central Markets by Robert Lloyd, CFA

The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the  information cannot be guaranteed. All opinions and outlooks are subject to change.

  • Robert Lloyd, CFA

CASH ACCOUNT WITH 3.54% INTEREST?! Where do I sign?



Not at your bank, nor at your broker. You have to open an account with the Treasury department to get this rate of return by purchasing "I-bonds". There are some limits: 1. $10,000 per person/per year electronic purchase limit. $5,000 per person/per year paper purchase limit (bought with your tax refund). 2. I-bonds must be held a minimum of 12 months; if redeemed before 5 years, you lose the last 3 months of interest. 3. Must be US citizen or resident. 4. No LLCs, partnerships or other entities. You won't hear about this from your friendly banker because there is no money in it for them. They have better uses for your cash. Note: This is not investment advice and is provided for educational purposes only. A link to the Treasury site is in the commentary where there is a comprehensive description of the I-bond, rules, and procedures. Consult your adviser.


To find out more information about I-bonds, go to https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm. This program is designed for individuals, so you will find your bank and broker unable to help you here as an intermediary. By now, most of you are familiar with online banking or trading through a phone app, so this shouldn’t be anymore more difficult. Please see our disclosures at www.lloydsintrepid.com/disclosures.


Robert Lloyds, CFA®

Chief Investment Officer

Lloyds Intrepid Wealth Management

Lloyds Intrepid LLC is doing business as Lloyds Intrepid Wealth Management. Lloyds Intrepid LLC offers investment advisory services in the State of Texas where registered and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. Lloyds Intrepid LLC and its advisers do not provide legal, tax or accounting advice. Lloyds Intrepid LLC formulates retirement plans, investment strategies, portfolio construction and investment due diligence for clients with signed investment advisory agreements with us. The information contained herein has been obtained from sources believed to be reliable, but the accuracy of the information cannot be guaranteed. All opinions and outlooks are subject to change.

© 2021 Lloyds Intrepid LLC

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