With the release of April 2023 CPI numbers, we can now calculate the new inflation rate on I bonds that will go into effect next month. I put that number at about 3.38%. We don't yet know what the fixed rate will be. But assuming it stays the same, currently 0.40%, I bonds are no longer the attractive investment they once were. Here's why I'm selling, not buying, I bonds. Join the newsletter: ———————————— Video Resources ———————————— CPI: Current I Bond Rates: Historical I Bond Rates: Real Yields: Best Savings Accounts: Best CD Rates: ———————————— 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 Po...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)