Buy I-Bonds TODAY at Yotta Bank jayfairbrother.me/Yotta
@MakuLabs2 жыл бұрын
What about the price fluctuations in the price of ibonds? Suppose they return 7% but also fall that much in price? Is that a valid point to think about?
@freelyroaming2 жыл бұрын
@@MakuLabs interest rate is locked in for 6 months at a time and changes based on CPI (consumer price index). The underlying value of I bond does not fluctuate. How much you buy is exactly you will get back plus interest (compound) when you sell.
@MakuLabs2 жыл бұрын
@@freelyroaming thanks
@roseoverdose64512 жыл бұрын
do you know if can i buy these from Canada?
@JayFairbrother2 жыл бұрын
@@roseoverdose6451 Unfortunately you can't. Need to be a US Citizen or Resident
@javiermoretti18252 жыл бұрын
I Bonds are now up to 9.62 percent. I just bought $10,000 to save for my daughter's college education.
@nimeriisk2 жыл бұрын
It is insane how this is the first time I hear about these. I just maxed out for the year along with the wifey. We are saving for a downpayment on a future home within a 3-5 year period.
@nohopeequalsnofear32422 жыл бұрын
The only seller and buyer is the USA government. And they dont do advertising for this. Now...if it was stocks, real estate, cryptocurrencies....then scam artists have every reason to hire an army of publicists to get their propaganda out about how awesome Lehman brothers stock and enron is.
@shawnd5672 жыл бұрын
It's be way better to just buy a house and lock in a 3% loan.
@nohopeequalsnofear32422 жыл бұрын
@@shawnd567 we are in a massive bubble. Bershire Hathaway has $150 billion parked into T bills earning close to zero. Why would Warren Buffett do that? Because you need cash to buy in a fire sale. Buy low, sell high. Not buy high, and psnic sell at the low.
@scottspicer971 Жыл бұрын
I think the only reason we know about em first time is the unique economic situ. I e. , The high inflation!
@DabidRobinson2 жыл бұрын
My tax guy brought me to this matter, and I just signed up and bought one to test it out. Definitely more appealing than my "high interest savings account" which is not really high interest. Definitely appealing.
@lorettaballard60932 жыл бұрын
I have been telling my family and friends about this 7.12% I bonds. So far only one family member plus myself have taken advantage.
@philipenos29302 жыл бұрын
I invested in i-bonds back in the year 2000 when the interest rate was 7.2%. Now my money has more than doubled. The best time to buy i-bonds are May and November when the interest rates re-adjust. I have some i-bonds I bought back in 2002 that are earning 10% interest which were purchased in May and November of 2002.
@0815funkmaster2 жыл бұрын
your "money" has doubled....so has REAL inflation
@michaelwynne32142 жыл бұрын
@@benchoflemons398 Unless you invested in 2000 and then needed your money back out in 2009 because you lost your job or wanted to take advantage of low real estate. Remember this is a no risk/ super low risk investment. The stock market is a totally different animal. Obviously you are going to earn more with risker investments, but why buy in at the top when you can buy in at a lower price?
@runningkirkwa29342 жыл бұрын
I did too in year 2001, locked in 3% fixed rate for 30 years. My college real estate investment teacher told whole class, i listened
@jerrybaker28572 жыл бұрын
I think you missed a feature or two. Interest rates are assigned to an I Bond investment on a six month cycle based on the anniversary month of purchase. I bond rates are adjusted May 1 and November 1 each year. Bond interest rates are whatever they are at the time of purchase but continue for 6 months, at which time the updated rate is applied. (Anniversary dates are adjusted to the first of the purchase month.) Thus a Bond may earn less than the current rate if purchased after the first month of a cycle. Conversely, if the Bond rate goes down, the Bond will earn above current rate until the 6 month anniversary. Thus spreading purchases out could be beneficial by delaying affect of decreases.
@kroneonx1542 Жыл бұрын
He literally said that
@marcusbrutus19992 жыл бұрын
A nice, clear and informative presentation. Not one cough, uuum or aaar .. Good job Jay. I only learned about I-bonds, courtesy of my AARP magazine. I had never heard of them and thought the 7.12% interest was a joke. We are looking at these very seriously.
@JayFairbrother2 жыл бұрын
Glad I could be helpful, thanks for watching!
@Salisbury20152 жыл бұрын
This is an incredibly helpful video. It seems like IBonds are the best safe haven for funds in a high inflation environment.
@2jcward11 ай бұрын
Yup
@DBxnZ Жыл бұрын
I Really appreciate the quality of the video as a whole 1.1B% 🤝 this was short and straight to the point and also made me feel more confident in investing. Having 5 kids and knowing this is golden 🏆 thank you so much and may God bless you and everyone else reading this beyond your imagination!
@martianwoodpecker2 жыл бұрын
I've got some money on the sidelines that I'm not comfortable putting into the market right now, so this sounds like a good option for the next year or two.
@JayFairbrother2 жыл бұрын
That was my situation and exactly why I put some money into I bonds 👍
@sippysippywakewake2 жыл бұрын
I recently bought iBonds but I didn’t know about the tax break if used for college tuition. Great to know, thanks!
@charlesjohnson75062 жыл бұрын
Thanks for the video I saw on reddit that I bonds were giving 7% and it sounded too good to be true. Thanks for explaining what they're all about!
@JayFairbrother2 жыл бұрын
Yeah, totally legit! The treasury direct website to buy ibonds on looks a little sketchy, but what do you expect from a government website? 😂
@puffdanny2k2 жыл бұрын
@@JayFairbrother Also very clunky. Their login process is horrible as you have to use a virtual keyboard to key in your password - which is not case sensitive! But those aren't deal breakers for a 7% return.
@tilakv2 жыл бұрын
@@JayFairbrother Does the interest on the 10k I invest stay 7.12% until 30yrs if I decide to hold till then?
@okai20012 жыл бұрын
@@tilakv No. It adjusts twice per year, basically on CPI.
@jsinnott59522 жыл бұрын
Just bought these for the first time . Pretty simple process with lots of information on the site. You can’t exactly move your savings over because it is limited (as he says ) to 10k but I guess you could set these up as a ladder to keep liquid from being impacted by inflation.
@Akira2822 жыл бұрын
It's 10k per SSN. Just fyi.
@Mehwhatevr2 жыл бұрын
@@Akira282 😂 what are you suggesting? 😂
@alansach84372 жыл бұрын
@@Akira282 How many SS numbers do you have?
@treygarver77912 жыл бұрын
@@alansach8437 I assume he is talking about spouses.
@1973Hog2 жыл бұрын
Nice summary of I Bonds. Thanks 🙏
@cardozoinator2 жыл бұрын
Thanks for this video...I purchased a I-Bond instead of a renewing my CD!
@Iamaseekerof2 жыл бұрын
Just bought these for the first time. And now looking to January to see what inflation is doing. Administration is putting in place a number of approaches to curb inflation. We’ll see how successful they are.
@smartanajones4u2 жыл бұрын
Jay I love the knowledge you share with us! Because of you, I bought my ibonds for myself and my business a few days ago, and I invest in JEPI every month faithfully for myself and my business. I’m so grateful the algorithmic energy sent you my way! Thank you 😊
@stephen-finance2 жыл бұрын
This is really great information! I didn't know about these. I will definitely have to look into them when I decide to add more bonds to my portfolio. Thanks! 👍
@TheAndrewLopezFinancePodcast2 жыл бұрын
Whats actually funny is I saw a few articles about this a few days ago and was considering putting some of my emergency fund in I-bond
@JayFairbrother2 жыл бұрын
Yeah I had too much earning .5% in savings so I’ll gladly take 7% on money I don’t want in the stock market right now
@dtsect2 жыл бұрын
@@JayFairbrother What's the range of interest rate that the government can put on these bonds? I mean, the first 6 months sound pretty good with 7.12% but can they make it like 1% after 6 months?
@liu03652 жыл бұрын
@@dtsect I have holding IBonds for the last 20 years. The rate changes every six month. However, I know that the rate is always high than the 5 year CD available, maybe 1% higher.
@gaames2 жыл бұрын
@@dtsect The interest rate depends on the inflation rate, which is tied to the Consumer Price Index. Historically, for example, inflation ran over 13% in 1980, and dipped below zero briefly in 2009. If inflation reaches 13% again, I bonds will pay 13%. If inflation disappears entirely, then I bonds will earn zero percent. They will never earn less than zero, however--even in a deflationary environment. To answer your question, yes, it's possible the interest rate will be 1% next May (when the rates are reset)--but it's not likely. The range is anywhere from zero to whatever you think the upper limit for inflation might be.
@angelalopez20032 жыл бұрын
Thank you for this information! I didn't know wtf I was doing, so I did nothing at first... This is a great start- now I can start by putting some of my savings in this and then probably ease into a 2 or 3 fund portfolio.
@jackking202 жыл бұрын
My coworker just told me about this and I'm really considering it.
@ramona_barbozaaa2 жыл бұрын
Clear and easy to understand is not always the case with these finance videos but you did a great job, thank you!
@JayFairbrother2 жыл бұрын
Thanks, I really appreciate that!
@DabidRobinson2 жыл бұрын
Very clear I agree
@andikav3382 жыл бұрын
Jay, your video was outstanding. You were able to make this novice really understand I Bonds. Thank you for your thorough explanation that was done in terms I could understand and digest!
@HungPham-nf5ur Жыл бұрын
Thank you so much sir. Your explanation was very easy to understand for someone who has zero knowledge like myself.
@alansach84372 жыл бұрын
One warning. Be very careful to enter all information on the website accurately, or exactly as it appears on official government documents. There is a small, insignificant error on my wife's driver license. Our street name says Lane instead of Street. It's like we live on "Green St." and on her driver license it incorrectly says, "Green Lane". When she went to buy a bond she correctly put "Green St." Without explanation or a chance to fix it, she was unceremoniously locked out of her account, and it is a ROYAL pain to get it unlocked. You have to mail in a request with a guaranteed signiture from a broker! We live in a rural area, no broker in sight. Notary not good enough. Back and forth, back and forth for over a month! If your driver license is wrong, put what is says, right or wrong!!
@iNinjeek Жыл бұрын
What if you update your license address? How will that work?
@CSP55925 ай бұрын
Exactly my thought. Update your DL
@sanirana43562 жыл бұрын
I heard about the whole details but this video has explained everything you need to know with all information one need.
@JayFairbrother2 жыл бұрын
Glad it was helpful! Thanks for watching!
@AskDadWhy Жыл бұрын
I like how you updated the title! Very good video.
@kenjohnson23572 жыл бұрын
Great video Jay. I had the EE bonds through my job and had them for years until I needed additional funds, so cash them in and the interest was great. If I knew about the I bond the interest would of been off the chain. You live and learn. This was a great breakdown between the different bonds. Definitely keeping this video on my watch list 👍🏾
@JayFairbrother2 жыл бұрын
Thanks Ken! I bonds are a great tool, I wish I knew about them sooner as well!
@syfodias-jedimaster2 жыл бұрын
@@JayFairbrother why is this the first time i hear about this?
@Chiroman5272 жыл бұрын
My wife had Series EE paper bonds. in 1992, her mother gave her 12 , $1K Savings Bonds (1992) which are maturing in 3 months. They were purchased at a Discount (50%) for $6K. The current value now after 30 years is $2035 each. Yes, Federal Taxable, but State tax free. In NY thats' about 11-12% Not bad for "forgotten" money , bonds sitting in a safe deposit box. To me, $10K (for each of you -hsuband & wife) at 7.12% interest for investment of low risk cash, is certainly better than .02% you get in a Money Market Account at any bank... even a 1 year CD at Apple Bank is a Whopping 0.90%. Apple Bank is a NY local bank paying the best CD rates I can find.
@stocksxbondage2 жыл бұрын
At least you saved in the first place 👍🏽 there’s always a greater return somewhere else
@davidstys97344 ай бұрын
Hmm... this is great information. You really are a fair brother!
@yankeedoodle62932 жыл бұрын
This was an excellent video. I’ve been wondering about ibonds and tips for a while and you cleared it all up. Thank you 👍
@davidy9322 жыл бұрын
Excellent information about an investment option that does not get enough attention. I may have missed it, but another variable with TIPS is that the value of the principal can fluctuate in value. Beautiful when it's going up, buy not so much when it's losing value.
@JayFairbrother2 жыл бұрын
I think I mentioned TIPS in there, or I may have edited that out, I can’t remember now 😅
@davidy9322 жыл бұрын
@@JayFairbrother You did mention them. I don't think you mentioned that the principal is not fixed, like it is with an I Bond
@bynkro2 жыл бұрын
Woah this video was on-point and effective. Subscribed!!
@joshteyler03112 жыл бұрын
Hi Jay, I bought 10K worth of I bonds about a month ago right after the 7.12 Rate adjustment. This is a great vid, thanks for explaining it in more detail that I had before.
@vickyy.98802 жыл бұрын
What's been your gain thus far?
@stackinpaper2 жыл бұрын
Thanks! Need to look into this much more
@bharatborse13752 жыл бұрын
Short and sweet but very detailed info. Thank you !! Didnt know anything abt iBonds earlier.
@jacielespinosa-severo7134 Жыл бұрын
You explained this very well
@matthewsaunders4820 Жыл бұрын
Saving for a down payment on a home. Investing in series i bonds to keep some of it protected against inflation.
@jamrito2 жыл бұрын
Thanks for the clear explanation
@JayFairbrother2 жыл бұрын
Happy to help!
@TaroTenge2 жыл бұрын
Only ever heard of these never had one given to me. HR Block added it as a choice when filing taxes so I decided to look them up.
@JayFairbrother2 жыл бұрын
Did you end up putting any of your tax refund into them?
@jimbenson47702 жыл бұрын
Great vid! WSJ recently had an article echoing Jay’s presentation. I bonds aren’t for everyone but if you can afford it, you’ll be earning a higher return than what the banks/CU’s are offering.
@MrMountain707 Жыл бұрын
Actually you can get i-Bonds from Yotta bank. No fee too.
@donaldlohouse13342 жыл бұрын
Thanks, Jay! I'll be on the Treasury site in a few minutes.
@pkris22372 жыл бұрын
Thanks for the video, how could I never heard about them before?!
@BassistBreakdown2 жыл бұрын
Thanks. Never heard of this. Pretty excited.
@Kemzozo2 жыл бұрын
This is very helpful! Thank you for sharing
@kathybutler57652 жыл бұрын
When my grandma died she left both my children $80,000 each in savings bonds and my brother's children $50,000 each and my granddaughter 25,000. My brother and I each got $150,000, so I'm all for savings bonds.
@JayFairbrother2 жыл бұрын
Amazing! Hopefully I can do something similar for my grandkids someday
@notnoternexto2 жыл бұрын
dam why did your children got more than your brother's children haha
@carriesmith78432 жыл бұрын
@@notnoternextoit may be that her children were born before her brother’s?
@jasonweishaupt18282 жыл бұрын
I made the down payment on my house with I bonds almost 20 years ago. They were making me about 10% back then.
@JayFairbrother2 жыл бұрын
Nice! Are you still using them as part of your savings?
@hrsd Жыл бұрын
Nice video and I just purchased my first I Bond!
@Kkiikkee102 жыл бұрын
Great video! thank you for all the information it was clear and to the point. Helped me understand and buy my first I-Bond!
@MrSupernova1112 жыл бұрын
Great explanation! Thanks!
@JayFairbrother2 жыл бұрын
Glad you enjoyed it!
@yousseftrachen95852 жыл бұрын
Great explanation of I bonds.
@keithzimpelman14832 жыл бұрын
Glad to see someone else with this same mindset. Me and my gf have been really big on saving the last few years, and i brought up to her a few months ago, that we should start putting her tax refunds into series I bonds since we put them straight into savings as it is. Inflation has already decreased the value of our savings by a few thousand dollars in just a few years. We have some money invested in bitcoin and stocks too, but only 5% of our net worth, which isnt near enough to outpace the inflation on the rest of our money.
@JayFairbrother2 жыл бұрын
Smart, I think if you already have a good savings I bonds are a no brainer for inflation protection without taking on much risk
@rodolfoquiroz78192 жыл бұрын
Dump her or get married right away with a prenup. Can't be on the fence about this if you are serious about generating and keeping your wealth. There are no GF or buddies or "business partners" or even grandma in this game. Take your money and run from any GF's. As much as you think this will last. She will walk out on you the second she wishes. Period. No meeting. No warning. Done. And gone. Keys on the table and bills left unpaid. Listen to me son. No one else will give you this advice. Dump or prenup.
@8ofwands3002 жыл бұрын
@@rodolfoquiroz7819 yikes buddy. Find a different video to dump this stuff. Clearly you have issues.
@rosannarichardson7951 Жыл бұрын
Our money, and not married. Yikes
@jarrodporter361 Жыл бұрын
Thanks Jay for the video. Very clear illustration.
@JayFairbrother Жыл бұрын
Glad it was helpful, thanks for watching!
@jarrodporter361 Жыл бұрын
@@JayFairbrother Thanks. You're welcome.
@Julian-zc9vm2 жыл бұрын
With how negative real interest rates are right now. These Series I bonds make a lot of sense. If not for negative real yields, either savings accounts or corp bonds would make more sense. Rates are just too low for where inflation is.
@Crystal-jr7lp2 жыл бұрын
Thanks. Great video.
@poetryinm0ti0n2 жыл бұрын
excellent video! Extremely imformative! I'm going to put $1000 in an I-Bond this week
@archanshah2 жыл бұрын
Great video. I wonder how much interest in average bonds historically gave. If it gave more than CD at any given time, investment in these bonds is no-brainer!
@Sunbeam298 Жыл бұрын
Thank you ☺️. I learned a lot 😊
@ianbaucom1792 жыл бұрын
Nice video man
@JayFairbrother2 жыл бұрын
Appreciate it! Thanks for watching
@alixandrinafortis50442 жыл бұрын
Yes. Very informative. I am definitely going to put some money into this. Thank you!!
@cato4512 жыл бұрын
No brainer. Inflation is here to stay. Done at max. Wish I could buy more. You can bet I will on January 1st!
@inNYCC2 жыл бұрын
Great videos. Seems like nows the time to buy some I bonds
@JayFairbrother2 жыл бұрын
Especially now that it looks like the interest rate will be going even higher than 7.12% starting in May!
@user-ks5cg5cd7m2 жыл бұрын
I shared this with my kids. Thanks for the easy to understand video.
@Chiroman5272 жыл бұрын
I did too , 2 sons in their 30s with families. Wife and I , both retired are going to do it asap. I suspect that the interest rate will INCREASE as Inflation is WORSE in the past 6 months. The Bonds interest rate is based on the previous 6 months Inflation rate. Only risk I see is in the potus, if he doesn't Sink us entirely. I'll reserve other references to the pathetic potus to other Forums.
@9jmorrison Жыл бұрын
Excellent information I would post the government site too.
@JoseDozalArreola Жыл бұрын
Very nicely explained.
@randycarstens11002 жыл бұрын
Only risk I see is that if severe hyper inflation occurs you get the average inflation rate over the prior six months. This means you get behind the inflation curve, that could be bad. That said I am still going to max out on these gems as I think hyper inflation in near term is low, and like the risk free aspect in this crazy financial world.
@RobBrulinski2 жыл бұрын
Good point
@kasharaspivey9672 жыл бұрын
Wow! This is good info... thanks 😊
@visceralcinema12 күн бұрын
As a guy from the future, the Treasury is in trouble. "There's essentially zero risk". -Jay Fairbrother c. 2022 😅
@PatchRowcester Жыл бұрын
This is fantastic. Thank you for this video.
@JayFairbrother Жыл бұрын
Glad you enjoyed it, thanks for watching!
@ephraimakaffu9874 Жыл бұрын
please what's the name of the microphone you're using.. it sounds good... I want one
@JayFairbrother Жыл бұрын
All the equipment I used in this video is here: www.amazon.com/shop/jayfairbrother/list/3K8QUQNAIPCK9
@youngmula42262 жыл бұрын
Thank you for this video 🙏🙏🙏
@deborahvierra14062 жыл бұрын
Excellent information. Thanks.
@aqadaptiveintelligence9 ай бұрын
Can you buy these bonds and compound to pay off student loans tax free whilst keeping up with inflation?
@sanghyuk22 жыл бұрын
This was definitely a quality video with everything explained well. Thank you for posting!
@straitjacketstudios2 жыл бұрын
How often is the interest compounded and added to your iBond? Monthly? At the 6 month interest reset mark?
@kennethhodsdon58762 жыл бұрын
great info....why isn't everybody doing this? having savings for some is tough...but come on...7% return...no risk? Awesome
@JayFairbrother2 жыл бұрын
Some people don't want to wait out the lock up period. A lot of people hear the word "bond" and get instantly turned off to the idea
@mikeevans65892 жыл бұрын
Utility ETF’s offer liquidity at 7%. They are much more stable than regular stocks and can pay dividends monthly. Liquidity is a very serious requirement in investing.
@JayFairbrother2 жыл бұрын
ETF's can also lose value if the underlying stocks perform poorly. There's no risk of losing your principal with I bonds. They're a savings instrument moreso than an investment option.
@alyssacisneros7252 жыл бұрын
Great Video thank you very much!!!
@VerisonMember2 жыл бұрын
Great video. Thank you!
@savagevisitor36692 жыл бұрын
Great info! Thanks!
@jacobb5542 жыл бұрын
so if I buy 10k I bond at 9.62 % then cash out after 12 months, how much penalty would i receive ?
@JayFairbrother2 жыл бұрын
The last 3 months of interest that you earned
@irshviralvideo2 жыл бұрын
I just bought 10k on Dec 30 and another 10k on Jan 3rd. So 20k in. Better than sitting in my ally for 0.5%. In my view it's liquid after 1 year so there is no downside compared to ally.
@MaxTalks2 жыл бұрын
These sound super interesting Jay, never heard of these before
@susie_pinon Жыл бұрын
Thanks! Just opened an account
@YoungMantv Жыл бұрын
The foreshadowing is strong here
@SM-py2ol2 жыл бұрын
You can also buy up to 10k under your living trust
@DavidWilliams-wj4sc2 жыл бұрын
Thanks, good job.
@taynguyen77922 жыл бұрын
It is better than CD for sure. CD does not include inflation rate
@ramapullaguntla7252 жыл бұрын
Jay, Thank you very much for this video. I have a small question, does our Treasury account balance get updated with the interest every month, or all the accumulated interest is deposited at the end of 6 months ?
@JayFairbrother2 жыл бұрын
At the end of 6 months it will show up
@dkmyww2 жыл бұрын
Do you have to be living and working in the USA to buy them ?
@LeagueofGameplay4207 ай бұрын
idk@@dkmyww
@Dickie5152 жыл бұрын
Who knows what the rates will be in 10, 20, 30 years. So estimating historically, much does it pay for a 10K, I bond. held to maturity, 30 yrs ? Does compounding work the same with semi-annual payments acheiving huge gains at maturity ? And then. wouldn't there be huge income taxes on that one time payment ?
@akeller42652 жыл бұрын
So just to be clear, if I were to put 10k in now, that 10k would only earn the 9.62% for the next 6 months (or whenever that rate component changes) and then it would earn the new rate? So this is not “locking in” 9.62% on that 10k for the full 30 years.
@mariabonilla89839 ай бұрын
so each transaction count as a bond? if i buy 50$ now and then 100$ i have 2 bonds?
@jkelly022 жыл бұрын
"Outpacing inflation" means that we trust that inflation is being measured accurately. I have a sneaking suspicion that a basket of goods is not reflective of the inflation rates we are seeing in housing, medicine, medical care, education.... If "true" inflation is higher than your 7.12%, which I think is fair to say is the case, you are really just stemming the bleeding. But I do hold I-bonds. I am just not about to put more than a modest percent of my savings into them. Where is a safer place? Well, that I don't know. Thanks for reminding us about these bonds. I am glad to know there can be a penalty too. I assume that is paid when you cash them out. Never did that yet. But it makes sense that the federal govt wants us to hold onto them a while.
@JayFairbrother2 жыл бұрын
Well, I mean...they've been measuring inflation that way for decades, it is what it is. And yeah, the penalty will be paid if/when you cash out the I bonds before the 5 year mark. Same as cashing out a CD early or something like that.
@muffemod2 жыл бұрын
Even if the measurement of inflation is off from actual, the rate on the I Bond is DOUBLE the inflation rate so they would really have to grossly muff up the measurement to make I Bond less attractive.
@MsMikkiG112 жыл бұрын
Can you get I Bonds as a business owner using your EIN?
@burnsport1 Жыл бұрын
Can’t buy them through brokerage and can only invest 10k most of the time - huge downsides in my mind
@eliebellie2 жыл бұрын
Thank you for the great video! Quick question, at the 7:00 mark, you have a table that shows if I buy a bond in February, new rates will take effect February 1 and August 1st. Does that mean the 7.12% rate is set until August 1st or will my rate change May 1st?
@JayFairbrother2 жыл бұрын
7.12 is set through May, then it will adjust up or down depending on the inflation data that comes out then
@Chiroman5272 жыл бұрын
Excellent explanation of this Buried "Treasure" from the Treasury Dept. As a Retired guy (and wife), looking for some additional income to supplement our retirement income with which seems like no risk (unless out current Administration goes Topsy Turvey). I'd like to see more of these advising videos. Looking for solid ETFs or Individual Stocks for good Dividends (AT&T, Exxon Mobil, etc.). THX again.
@JayFairbrother2 жыл бұрын
Thanks! I've got a number of videos on the channel regarding dividend etfs and stocks, check some of those out. Let me know if there's anything specific you want to see!
@Lukeczekaj Жыл бұрын
Great video!
@JayFairbrother Жыл бұрын
Thanks!
@mattw7852 жыл бұрын
Great video. I have a fair $ amount in i-bonds and they have adjusted. My only question is why some older bonds didn't adjust to %7? Only newer ones.
@JayFairbrother2 жыл бұрын
They should adjust…depending on when you bought them, they’ll give you 6 months of that initial rate first.
@mattw7852 жыл бұрын
@@JayFairbrother You were right, they all hit. SOme hit 9.72%
@torajeshtk Жыл бұрын
Great video Jay! for Emergency fund, where you prefer to keep?
@JayFairbrother Жыл бұрын
I keep the majority of my emergency fund as cash in a high yield savings account. Then I hold some I-Bonds and T-Bills as a more long-term backup to it. That's what works for me, others may prefer to be more/less aggressive with how they handle their emergency fund
@torajeshtk Жыл бұрын
@@JayFairbrother any recommended bank for high savings?