Treasury Direct released the new I bond rate early. The inflation rate was as expected, but there was a big surprise in the new fixed rate. It more than doubled from 0.40% to 0.90%. In this video we look at what happened and what it means for I bond investors.
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Video Resources
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I Bond Rate: https://www.treasurydirect.gov/savings-bonds/i-bonds/i-bonds-interest-rates/
TIPS Real Yield: https://fred.stlouisfed.org/series/DFII10
No-Penalty CDs: https://www.allcards.com/best-no-penalty-cd-rates/
CD Rates: https://www.allcards.com/best-cd-rates/
Savings Account Rates: https://www.allcards.com/best-savings-account-rates/
I Bond Gift Strategy: https://tipswatch.com/2023/04/28/i-bonds-fixed-rate-will-rise-to-0-9-on-may-1-treasurydirect-says-by-mistake/
https://thefinancebuff.com/buy-i-bonds-as-gift.html
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1️⃣ How to Create a 3-Fund Portfolio: https://www.youtube.com/watch?v=kmw8OpGp2rM
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#ibonds #bonds #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
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