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Personal Finance and Investing

progree

(10,901 posts)

2. I-bonds bummer it's limited to $10,000. Even so, its a quick pickup of a lot of $hundreds

Reply to doc03 (Reply #1)

Thu Dec 2, 2021, 04:56 PM

Dec 2021

in interest. (That 7.12% rate is only good for 6 months, unfortunately, for Ibonds bought between Nov 1 and May 31 as I understand it, for anyone reading this, and the result of some unusual circumstances as I barely understand it ).

Here's a history of the rates --
http://kirklindstrom.com/Articles/I_Bond_Rate_History.html

Just picking the past 6 years (12 semi-annual rate periods), in chronological order from oldest to latest:

0.26%, 2.76%, 1.96%, 2.58%, 2.52%, 2.83%, 1.90%, 2.22%, 1.06%, 1.68%, 3.54%, 7.12%

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Word to the wise: the crash is coming, get out of the stock market now ⚠ 👀 😱 [View all] progree Dec 2021 OP

I retired in 2009 at about the bottom of the market. Today doc03 Dec 2021 #1

I-bonds bummer it's limited to $10,000. Even so, its a quick pickup of a lot of $hundreds progree Dec 2021 #2

Yes I purchased one at the 3.54% percent rate in June then as of Nov 1 to May31 22 it doc03 Dec 2021 #3

It may, or may not be, good timing to invest at all time highs bucolic_frolic Dec 2021 #4

I'm not suggesting people buy at the peak -- I hope nobody is getting that out of what progree Dec 2021 #5

I'm just saying the recent all time high is remarkable bucolic_frolic Dec 2021 #6

Yes, any long period (decade or more) with an end point of now looks great progree Dec 2021 #7

As the trend heads south, there are pauses bucolic_frolic Dec 2021 #8

Thank you. All your points are right on too progree Dec 2021 #9

That link says content not available, deleted, or limited to small groups bucolic_frolic Dec 2021 #10

Another confession - I am a fan of index funds because they are for simpletons and I know progree Dec 2021 #11

My learning curve has been far too long bucolic_frolic Dec 2021 #12

Thanks much for the explanation - I will look into covered call funds soon. Never heard of progree Dec 2021 #13

There is an online site bucolic_frolic Dec 2021 #14

Do you have any idea why Vanguard and Schwab are expecting PoindexterOglethorpe Mar 2022 #15