How to protect your cash as interest rates rise through bond investing

Start investing in I-Bonds, local expert says

ByABC7 Chicago Digital Team WLS logo
Monday, May 9, 2022
Investing money can help protect cash as interest rates rise
A local financial expert recommended how to invest amid rising interest rates.

CHICAGO (WLS) -- There are ways of protecting your cash during times of inflation and even making money with the right investments.

There's a lot of buzz about I-Bonds and why they're a better choice than putting your money in a savings account or a CD.

RELATED: How you can customize your mortgage rate for a better deal

Craig Bolanos, CEO and co-founder of Wealth Management Group in Inverness and Downers Grove, joined ABC7 Chicago Monday to talk about how I-Bonds are making a comeback.

Also, he spoke about how to buy an I-Bond and how to make good investments. For more information, click here.