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-   -   I-Bonds (https://www.talkofthevillages.com/forums/investment-talk-158/i-bonds-332647/)

Michael G. 06-07-2022 11:48 AM

Quote:

Originally Posted by msilagy (Post 2103410)
I bought an I Bond this week. I thought the Federal Reserve website to register was straightforward. Easy to do. It's only $10k but what the heck better than anything else today.

Yes, Clark Howard has been writing about I-bonds for awhile now.
I jumped in about a 1 1/2 year ago.
If I can understand their web-site, anyone can.

All those people writing con's here on I-Bonds, would rather burn through their money on over price reheated microwave meals 6 days a week in TV.

Your Welcome!

lindaelane 06-07-2022 03:09 PM

Variable Interest
 
Eveyone does realize that the fixed interest rate is 0 percent?

9.62% is the variable interest rate in effect for six months. Then this rate will change, depending on what inflation is.

Inflation could come down, yet you must hold for five years to avoid penalties.

Basically, you will get a little more than inflation (or zero if we have deflation with a recession).

Right now, there is no lower-risk investment that keeps up with inflation other than this (and perhaps TIPs). But if or when inflation goes down again in the next five years, there may be more appropriate choices.

BlueStarAirlines 06-08-2022 05:49 AM

Quote:

Originally Posted by lindaelane (Post 2103640)

Inflation could come down, yet you must hold for five years to avoid penalties.

True, but the penalty is three month's interest. Is that really a deterrent?

Romad 06-08-2022 06:15 AM

Quote:

Originally Posted by Redsmom (Post 2103526)
Do you have to get an ID number to get an I bond in the name of a family trust? If not what ID number would be appropriate?

Buy More I Bonds in a Revocable Living Trust

Step by step instructions.

cdzizzy 06-08-2022 07:31 PM

Look up Suze Orman’s podcast from April 17 — I bonds master class. It can be a little slow, but it’s thorough.

Michael G. 07-20-2022 11:35 AM

Quote:

Originally Posted by cdzizzy (Post 2104131)
Look up Suze Orman’s podcast from April 17 — I bonds master class. It can be a little slow, but it’s thorough.

Everything I read about Suze Orman is less the stellar


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