ntr91 said: MoneyOCD said: October CPI-U is posted = 237.433† Base line for next change (September) = 238.031 Total inflation for†Oct = -0.25%
We have†FIVE more months to go before new I-bonds inflation component rate will be set. † Damn you oil, you're making my I-bonds earn less! (probably, in five months) Maybe oil going down is a good thing for your i-bonds.
No matter how much oil falls, your i-bond rate will still be zero.† So lets hope for a dramatic decrease in inflation.
i.e. Inflation falls for the six month period at a rate of -2.00% then goes up the next six months at 1.00%. For the twelve month period you earned 1.00% on your I-bonds yet inflation fell 1.00% for that 12 month period.† Your I-bonds did not match inflation as they were designed, they beat inflation.†
I have always bought at the end of January. However, it looks like we are going to have a six month period of zero interest rate. So unless they have a great fixed rate in May, I will buy in November this year.
stormdog123 said: I have always bought at the end of January. However, it looks like we are going to have a six month period of zero interest rate. So unless they have a great fixed rate in May, I will buy in November this year. † Above is very uncertain though - last 3 months of the year historically had negative inflation rates, and first 3 months of the year historically had highest positive inflation rates that are usually offset negatives for I-bond May rate calculation. That said, we still can have zero rate starting in May but at this point it is too early to really tell.
Medikit said: Why don't you guys just invest in a bond mutual fund or ETF? † The put option makes I and EE bonds very attractive. There is a reason there is a Dollar cap on how much you can put into I and EE every year.
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