And safer than buying stocks, bonds, or mutual funds.
I-Bonds. 9.62% for up to 30 years.
Now, if I were to be wanting to invest in a safe method, say for a kid, or something like that. this looks to be the safest way. A decent interest rate, backed by the Federal Government (for what that is worth). 1 year minimum, relatively minimal penalties for withdrawal.
Limit of $10,000. (per year).
If anyone knows of a better Safe investment, please advise.