1. How is the interest rate derived at each 6 month
adjustment? What is the interest rate linked to?
2. Based on what I read at Treasury Direct, I assume a new I
Bond will be priced in May since it currently states you can buy at
7.12% through April 2022. Would that imply a higher interest
rate at the May adjustment since the inflation #'s keep rising?
3. Is there any way to purchase an I Bond inside a retirement
account?
*I'm not a financial advisor and nothing I post should ever be
taken as personal investment advice. Do your own DD and formulate
your own plan based on your personal situation. Just like Matt and
Steve preach here all the time.
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Thanks for sharing. Three questions: 1.
I Bonds rates next month will likely be in the ...
Posted by RichieD on 13th of Apr 2022 at 08:57 am
Thanks for sharing. Three questions:
1. How is the interest rate derived at each 6 month adjustment? What is the interest rate linked to?
2. Based on what I read at Treasury Direct, I assume a new I Bond will be priced in May since it currently states you can buy at 7.12% through April 2022. Would that imply a higher interest rate at the May adjustment since the inflation #'s keep rising?
3. Is there any way to purchase an I Bond inside a retirement account?
1. The interest has two
Posted by fundamentalvalues on 13th of Apr 2022 at 09:05 am
1. The interest has two components that make up that rate. Read the info at the link I shared.
2. I would say it implies a higher rate, possibly in the 9 range. will know when they post it next month.
3. No
Here's a good article: https://www.forbes.com/sites/stevevernon/2021/11/29/3-ways-pre-retirees-and-retirees-can-use-us-series-i-savings-bonds/?sh=79622f737a7f
*I'm not a financial advisor and nothing I post should ever be taken as personal investment advice. Do your own DD and formulate your own plan based on your personal situation. Just like Matt and Steve preach here all the time.