Re: I bonds
[Re: Flicker Shad]
#7678128
09/24/22 11:02 AM
09/24/22 11:02 AM
|
Joined: Feb 2014
Posts: 13,241 Ky
jbyrd63
trapper
|
trapper
Joined: Feb 2014
Posts: 13,241
Ky
|
I'd rather keep investing in the market due to my age. If I was older, I'd maybe consider I bonds. Why not do both !! Not many stocks that I know if you will NEVER loose you initiall investment
|
|
|
Re: I bonds
[Re: bodycount]
#7678129
09/24/22 11:03 AM
09/24/22 11:03 AM
|
Joined: Feb 2014
Posts: 13,241 Ky
jbyrd63
trapper
|
trapper
Joined: Feb 2014
Posts: 13,241
Ky
|
Rate fixing to change and all signs say going up even higher Bought limit for me. Wife and both grandchildren
Last edited by jbyrd63; 09/24/22 12:53 PM.
|
|
|
Re: I bonds
[Re: jbyrd63]
#7678141
09/24/22 11:22 AM
09/24/22 11:22 AM
|
Joined: Aug 2021
Posts: 1,473 Over there.
Flicker Shad
trapper
|
trapper
Joined: Aug 2021
Posts: 1,473
Over there.
|
I'd rather keep investing in the market due to my age. If I was older, I'd maybe consider I bonds. Why not do both !! Not many stocks that I know if you will NEVER loose you initiall investment Not a bad idea.
|
|
|
Re: I bonds
[Re: white17]
#7678185
09/24/22 01:44 PM
09/24/22 01:44 PM
|
Joined: Aug 2021
Posts: 1,473 Over there.
Flicker Shad
trapper
|
trapper
Joined: Aug 2021
Posts: 1,473
Over there.
|
I could be wrong here for sure but I believe the 9.62% is good until April of 23. Do you mean November 1, 2023 or 2022? I thought it changes every Nov and every April?
|
|
|
Re: I bonds
[Re: bodycount]
#7678206
09/24/22 02:43 PM
09/24/22 02:43 PM
|
Joined: Apr 2010
Posts: 3,942 Ohio
stinkypete
trapper
|
trapper
Joined: Apr 2010
Posts: 3,942
Ohio
|
I didn’t word my quote correctly. If you buy an I Bond on 10/31/2022. It retains the 9.62 interest rate for 6 months. If you buy an I Bond on Nov 1 2022. The 6 percent rate kicks in on any new I Bond purchased after 10/31/2022
Last edited by stinkypete; 09/24/22 02:45 PM.
|
|
|
Re: I bonds
[Re: stinkypete]
#7678211
09/24/22 02:59 PM
09/24/22 02:59 PM
|
Joined: Feb 2008
Posts: 1,422 WI
BvrRetriever
trapper
|
trapper
Joined: Feb 2008
Posts: 1,422
WI
|
I didn’t word my quote correctly. If you buy an I Bond on 10/31/2022. It retains the 9.62 interest rate for 6 months. If you buy an I Bond on Nov 1 2022. The 6 percent rate kicks in on any new I Bond purchased after 10/31/2022 And if I understand it correctly, the interest starts in the next period. So if you buy by October 31, you start accruing interest right away on November 1. If you buy on or after November 1, interest doesn’t start accruing until the next period. Did I interpret that right?
|
|
|
|
|