Thanks for not talking about the fixed-rate prediction at all. Would have been so annoying to hear your ideas about the information we were all really looking for.
You expect I-Bonds to have a 2.2% inflation rate in Nov. when announced in October, two months from now? I don't think it will drop that low. My BIG question is: "What will the Fixed Rate be in November?" It stayed a 1.3% in May and if it's something like 0.8% of more in November, It would be worth paying the 3-month interest penalty and redeem the $10K 0.4% fixed rate bonds I bought in Jan. 2023 and buy $10K of 0.8% or higher fixed rate bonds in Jan. 2025 - with some money left over to go into my 4.2% savings account or a 4% CD.
Subscribed. Awesome to have these monthly so I can keep my plans current!
Right on!
Should I sell I bond in October or wait til November 2024 . Which would give me more money?
When did you buy? If you sell, to rebuy a new bond, then it looks like October is likely to be better.
Thanks for not talking about the fixed-rate prediction at all. Would have been so annoying to hear your ideas about the information we were all really looking for.
Looks like you need this video:
ua-cam.com/video/Sfb00yqCjo4/v-deo.htmlsi=pc96W4oSmwGrFx3L
You expect I-Bonds to have a 2.2% inflation rate in Nov. when announced in October, two months from now? I don't think it will drop that low.
My BIG question is: "What will the Fixed Rate be in November?" It stayed a 1.3% in May and if it's something like 0.8% of more in November, It would be worth paying the 3-month interest penalty and redeem the $10K 0.4% fixed rate bonds I bought in Jan. 2023 and buy $10K of 0.8% or higher fixed rate bonds in Jan. 2025 - with some money left over to go into my 4.2% savings account or a 4% CD.
The current 1.3% fixed rate is a 17 year high.