Still buy I bond in 2023?

[Anonymous]

Your thoughts?

[Anonymous]

If you were buying them because they had 9% interest rates then no. If you were buying them because they are a good option for tax-deferred, inflation protection, liquid savings then yes.

I am sure there are a range of rationales in between so the question might be what would do with the money instead?

[Anonymous]

2023 and beyond. Still the best instrument to keep up with inflation big or small.

[Anonymous]

Yes- I bought some already

[Anonymous]

Anonymous wrote:If you were buying them because they had 9% interest rates then no. If you were buying them because they are a good option for tax-deferred, inflation protection, liquid savings then yes.

I am sure there are a range of rationales in between so the question might be what would do with the money instead?

NP. It's not like you can buy that much anyways. Only $10k per year/person.

[Anonymous]

We are going to keep buying them but definitely seem less exciting these days.

[Anonymous]

I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

[Anonymous]

Anonymous wrote:I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

If you want to max out interest, buy towards end of month instead.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

If you want to max out interest, buy towards end of month instead.

This is such a trivial difference that it's senseless to even think about.

[Anonymous]

I'm interested in this question too.

[Anonymous]

I tried to buy them on Dec 29 for 2022 and they didn't post until Jan 2023, so it's a no for me

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

If you want to max out interest, buy towards end of month instead.

This is such a trivial difference that it's senseless to even think about.

Not trivial for me. It’s a $150 risk-free return for just delaying the 20k buy till the 26th.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

If you want to max out interest, buy towards end of month instead.

This is such a trivial difference that it's senseless to even think about.

Not trivial for me. It’s a $150 risk-free return for just delaying the 20k buy till the 26th.

$150 in risk-free interest on $20,000 in less than one month? Where are you achieving that?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.

If you want to max out interest, buy towards end of month instead.

This is such a trivial difference that it's senseless to even think about.

Not trivial for me. It’s a $150 risk-free return for just delaying the 20k buy till the 26th.

$150 in risk-free interest on $20,000 in less than one month? Where are you achieving that?

+1

PP is full of it. $150 in one month on $20,000 principal is a 9% annualized interest rate, supposedly “risk-free.”

That doesn’t exist and would be higher than I bonds are paying. If PP were really getting that, it would make no sense to switch out of that into I bonds.

[Anonymous]

Interest rate likely to be zero after next reset. I may sell the ones I bought last year and buy some new ones to get the non-zero fixed margin.