If you’re fortunate enough to receive a tax refund this year, you may be interested in stashing that money somewhere safe where it can grow. A US Series I Savings bond is considered by many to be a conservative investment for several reasons. Find out what perks the IRS is offering to put your tax refund into savings bonds, what the benefits of these investments are and if they’re right for you and your money.
Do a little reading up on the relationship between investment risk and return and you’re likely to come across complex math models and detailed discussions about betas, coefficient of variation, negative correlation, standard deviation, capital asset pricing models, and on an on. Sound like a fun time to you? Me, neither. I learned all those models and terms in graduate business school (I had to, they made me), and while they’re definitely worth knowing, the basic concepts of risk and return are pretty simple.