WAW088: 9% Savings Account?!  Introducing I-Bonds!


If you are interested in a 1-on-1 financial coaching session, please contact selfreliantfi@gmail.com to schedule a free consultation.  We’re here for you.

While high inflation is generally a very bad situation, there is one area where high inflation is actually beneficial.  Let us introduce you to Series I Bonds, otherwise known as I-Bonds.  Simply put, I-Bonds are government savings bonds that are pegged to the rate of inflation.  As of October 2, 2022, I-Bonds have a coupon rate of 9.62%!  Much better than any savings account or CD can offer today, and has the backing of the United States Treasury.  Sounds simple, but are there any quirks with I-Bonds?  Who can invest in I-Bonds and more importantly, should you be investing in I-Bonds?  Tune in to find out!

As always, if you have any questions, comments, or topic recommendations, please email us at awordaboutwealth@gmail.com.  Subscribe to future episodes of “A Word About Wealth” as we strive to deliver financial entertainment to the masses.

References:


1. US Treasury site about I-Bonds:  https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm

RSS Feed:

https://anchor.fm/s/8800fec8/podcast/rss