Anonymous
Post 01/16/2023 15:57     Subject: Still buy I bond in 2023?
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.
Anonymous
Post 01/16/2023 15:43     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 15:04     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 14:39     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 12:56     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 12:45     Subject: Still buy I bond in 2023?
I'm interested in this question too.
Anonymous
Post 01/16/2023 12:41     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 11:06     Subject: Re:Still buy I bond in 2023?
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
Post 01/16/2023 08:32     Subject: Re:Still buy I bond in 2023?
I bought our annual max yesterday. Still a good deal compared to interest bearing accounts.
Anonymous
Post 01/16/2023 08:29     Subject: Still buy I bond in 2023?
We are going to keep buying them but definitely seem less exciting these days.
Anonymous
Post 01/15/2023 22:06     Subject: Still buy I bond in 2023?
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
Post 01/15/2023 21:55     Subject: Still buy I bond in 2023?
Yes- I bought some already
Anonymous
Post 01/15/2023 17:04     Subject: Still buy I bond in 2023?
2023 and beyond. Still the best instrument to keep up with inflation big or small.
Anonymous
Post 01/15/2023 17:03     Subject: Still buy I bond in 2023?
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
Post 01/15/2023 17:00     Subject: Still buy I bond in 2023?
Your thoughts?