I bond rates will change twice in 2023. In both May and November, the inflation rate will change and the fixed rate may change. This raises a big question: When should you buy I bonds in 2023? I think the answer depends on whether you are a short-term or a long-term investor. Join the newsletter: ———————————— Video Resources ———————————— TIPSWatch: 5-Year TIPS Real Yield: Projected I Bond Inflation Rate: ———————————— Investing Tools ———————————— My Book (Retire Before Mom and Dad): Personal Capital (Investment Tracking, retirement planning): New Retirement (Retirement Planner): Stock Rover: M1 Finance $30 Bonus (IRA & Taxable Accounts): ———————————— Credit Cards & Banks ———————————— My Favorite Credit Cards: My Favorite Online Banks: ———————————— Popular Videos ———————————— 1️⃣ How to Create a 3-Fund Portfolio: 2️⃣ How I Manage 28 Accounts in One App: 3️⃣ 7-Step Financial Checkup: #ibonds #2023 #robberger ABOUT ME While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money. I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom ( LET'S CONNECT Youtube: Facebook: Twitter: DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions. AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom....(read more)
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When Should You Buy I Bonds in 2023? If you're looking to invest your money in a safe and secure way, then investing in I bonds might be a good option for you. But before you start buying them, you need to know when the right time to buy I bonds is. In this article, we will discuss when you should buy I bonds in 2023. First, let's understand what I bonds are. I bonds are a type of savings bond that is issued by the US Treasury. They are a low-risk investment option that offers a fixed interest rate (determined at the time of purchase) and inflation protection. The rate of return on I bonds is a combination of a fixed rate of interest and an inflation rate. The interest rate is fixed for the life of the bond, but the inflation rate is adjusted every six months to keep up with inflation. Now let's talk about when to buy I bonds in 2023. The best time to buy I bonds is usually at the beginning of the month. This is because the interest rate and inflation rate are announced on the last day of the previous month, and the rates are reset on the first day of the new month. So, if you buy your I bonds at the beginning of the month, you will be able to take advantage of the new rates. Another factor to consider is the inflation rate. If you think that the inflation rate is likely to go up in the near future, then it's a good idea to buy I bonds. This is because the interest rate on I bonds is adjusted twice a year to keep up with inflation. So, if the inflation rate goes up, the interest rate on your I bonds will also go up, providing you with a better rate of return. It's also important to consider your financial goals when deciding when to buy I bonds. If you're looking for a long-term investment, then it's a good idea to buy I bonds early on, as they can take up to 20 years to mature. On the other hand, if you're looking for a short-term investment, then it may be better to look for other options. In conclusion, the best time to buy I bonds in 2023 is at the beginning of the month when the new rates are announced. You should also consider inflation rates and your financial goals before investing in I bonds. As with any investment, it's important to do your due diligence before making any decisions. https://inflationprotection.org/whats-the-best-time-to-purchase-i-bonds-in-2023/?feed_id=91386&_unique_id=6448277a97d89 #Inflation #Retirement #GoldIRA #Wealth #Investing #ibonds #ibonds2023 #tips #tips2023 #whentobuyibonds #TIPSBonds #ibonds #ibonds2023 #tips #tips2023 #whentobuyibonds
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