Interest rates on my I-bonds

[jon-nyc]

I bought these ~20 years ago when you could buy up to 30k a year.

[Horace]

I suggest selling and investing in precious metals.

[jon-nyc]

@Horace Ha!

[89th]

Did you buy some (let's say $30k) each year for like 6 years? (The number of rows in your screenshot)

Do you just hold onto them since they vary in rate? I guess it's a fixed income investment (yes I'm a noob) since from like 2008 to 2019 the rate was probably less than 0.5%

[Jolly]

Well done.

Takes money to make money.

[Mik]

@Horace said in Interest rates on my I-bonds:

I suggest selling and investing in precious metals.

Get modern...crypto FTW.

You can guess what the W stands for.

[jon-nyc]

@89th x2. Rachel’s account and mine

At the time I didn’t have much space in my retirement account for fixed income and didn’t want to buy it in taxable. So this was my method of buying fixed income for many years.

[89th]

@jon-nyc Good to know. Can't predict the future, but man... next time rates are near zero for a decade, it would make sense to start buying I bonds for the inevitable inflationary period that we are in today.