Why/Why not buy I Bonds. - Trapperman Forums

No Profanity *** No Flaming *** No Advertising *** No Anti Trappers ***
No Non-Target Catches *** No Links to Anti-trapping Sites *** No Avoiding Profanity Filter

Home~Trap Talk~ADC Forum~Trap Shed~Wilderness Trapping~International Trappers~Fur Handling ~ NO POLITICS

Auction Forum~Trapper Tips~Links~Gallery~Basic Sets~Convention Calendar~Chat~ Trap Collecting Forum

Trapper's Humor~Strictly Trapping~Fur Buyers Directory~Mugshots~Fur Sale Directory~Wildcrafting~The Pen and Quill

Trapper's Tales~Words From The Past~Legends~Archives~Kids Forum~Lure Formulators Forum~ Fermenter's Forum

~~~ Dobbins' Products Catalog ~~~

Minnesota Trapline Products

Please support our sponsor for the Trappers Talk Page - Minnesota Trapline Products

Register Log In Home Forums Trapper Talk Why/Why not buy I Bonds.

Print Thread

Hop To

Page 1 of 2

1

2

Why/Why not buy I Bonds. #7577495 05/05/22 04:51 PM 05/05/22 04:51 PM
Joined: Mar 2012 Posts: 168 Barbour county,WV O Oleo Acres OP trapper
Oleo Acres OP trapper O Joined: Mar 2012 Posts: 168 Barbour county,WV	Yielding 9.62%.interest. Good deal or not. All I see is you lose 3 months interest if cashed before 5 years,and interest income is taxable. Any expert advice?

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7577502 05/05/22 05:03 PM 05/05/22 05:03 PM
Joined: Jan 2007 Posts: 2,288 MD D DaveP trapper
DaveP trapper D Joined: Jan 2007 Posts: 2,288 MD	No expert, but I did early first quarter. LOL, if paying 9.62%, what is inflation rate REALLY at?

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7577507 05/05/22 05:24 PM 05/05/22 05:24 PM
Joined: Mar 2010 Posts: 2,584 wyoming southeast D danvee trapper
danvee trapper D Joined: Mar 2010 Posts: 2,584 wyoming southeast	That rate is good only until the end of Oct. but still may be a good deal better than the bank also you can only put 10K in. Idle money is not a good thing right now some good opportunities are floating around though and more to come.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7577508 05/05/22 05:25 PM 05/05/22 05:25 PM
Joined: Mar 2007 Posts: 33,547 McGrath, AK W white17 "General (Mr.Sunshine) Washington"
white17 "General (Mr.Sunshine) Washington" W Joined: Mar 2007 Posts: 33,547 McGrath, AK	I think there are variables in this decision. One thing against it is the 10,000$ limit. Another thing to consider is your age. Also, what opportunities are you passing up by making this investment ? Mean As Nails

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7577545 05/05/22 06:44 PM 05/05/22 06:44 PM
Joined: Mar 2012 Posts: 168 Barbour county,WV O Oleo Acres OP trapper
Oleo Acres OP trapper O Joined: Mar 2012 Posts: 168 Barbour county,WV	Thanks. I'm paying into retirement plan at work,have been for years. Start S.S. this summer,still working. Was thinking bonds might be better than just putting some in a savings account. It pays almost nothing.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7578089 05/06/22 10:06 AM 05/06/22 10:06 AM
Joined: Sep 2012 Posts: 1,185 mi. u.p grapestomper trapper
grapestomper trapper Joined: Sep 2012 Posts: 1,185 mi. u.p	We have a roth and 401k, going to start putting 10,000 each in I bonds. Nothing wrong with that return.

Re: Why/Why not buy I Bonds. [Re: grapestomper] #7578101 05/06/22 10:49 AM 05/06/22 10:49 AM
Joined: Jan 2009 Posts: 99 Olathe , KS B bwurts trapper
bwurts trapper B Joined: Jan 2009 Posts: 99 Olathe , KS	Pretty sure you cant own ibonds in an IRA - only through Treasury direct - I certainly could be wrong though tough times dont last tough people do You are the sum of YOUR decisions

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7578135 05/06/22 11:42 AM 05/06/22 11:42 AM
Joined: Dec 2006 Posts: 15,181 Rodney,Ohio SNIPERB🦝 trapper
SNIPERB🦝 trapper Joined: Dec 2006 Posts: 15,181 Rodney,Ohio	Its gotta be better than the 0.2% CDs at the bank... Sniper's Custom T-Man and Trap Supply Search

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7578145 05/06/22 11:52 AM 05/06/22 11:52 AM
Joined: Jan 2007 Posts: 3,393 Northern Nevada, 31 yrs old B Bob trapper
Bob trapper B Joined: Jan 2007 Posts: 3,393 Northern Nevada, 31 yrs old	You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. "I have two guns, one for each of ya."

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7578251 05/06/22 02:25 PM 05/06/22 02:25 PM
Joined: Apr 2021 Posts: 52 Missouri A All33 trapper
All33 trapper A Joined: Apr 2021 Posts: 52 Missouri	I bought my yearly quota of I Bonds. As part of a balanced investment program, I think they are great. Then again, I'm getting dang close to 60 and really don't want to ride the market wave more than I need to. Survived Black Monday and the Great Recession and learned to diversify. Would I put all my money in I Bonds if it was allowed? Probably not. I own equities, I bonds, fixed accounts and savings accounts. Bear markets and recessions just plain suck for anyone getting anywhere close to retirement. I think of a I Bond as a better alternative than other bonds, savings accounts or CD's. A year or two or more down the road that may not be the case, but right now it's a good move.

Re: Why/Why not buy I Bonds. [Re: Bob] #7578723 05/06/22 10:35 PM 05/06/22 10:35 PM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	Originally Posted by Bob You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. iBonds do offer compounding interest. They offer a great way to diversify too. A $10k iBond is a wise investment in many situations. Nobody is suggesting pulling funds from your stocks & putting it in a bond. I'm still going to keep putting the same amount of $ into stocks, but I will be buying 1 of these low risk iBonds with $ earning next to nothing in the bank. Your point is something for investors to consider though. Last edited by AJE; 05/06/22 10:50 PM. WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7579141 05/07/22 11:00 AM 05/07/22 11:00 AM
Joined: Jan 2013 Posts: 151 Pennsylvania T Tim64 trapper
Tim64 trapper T Joined: Jan 2013 Posts: 151 Pennsylvania	The 9.62% yield is only guaranteed for six months. The CPI is announced in May and November of each year. The yield on the I bond will change as the CPI changes. If you believe inflation will stay high for years, then the investment would be better than an index fund. Knowing you must hold this investment for five years to avoid redemption penalty makes it somewhat risky of opportunity loss. Your final yield is called composite interest which can't be known until maturity of the bond. Last edited by Tim64; 05/07/22 11:01 AM.

Re: Why/Why not buy I Bonds. [Re: Tim64] #7593680 05/29/22 01:37 AM 05/29/22 01:37 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	Originally Posted by Tim64 Knowing you must hold this investment for five years to avoid redemption penalty makes it somewhat risky I'm loving my iBond & am not worried about this at all. I could sell it after only 1 year if I had to, and pay only the most recent 3 months interest as the penalty. Last edited by AJE; 05/29/22 01:38 AM. WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7593733 05/29/22 07:16 AM 05/29/22 07:16 AM
Joined: Jul 2010 Posts: 84 SE Pennsylvania P Pafoxman trapper
Pafoxman trapper P Joined: Jul 2010 Posts: 84 SE Pennsylvania	Anyone that can post where/how to purchase for us investment ignorant people?

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7593744 05/29/22 07:30 AM 05/29/22 07:30 AM
Joined: May 2010 Posts: 9,049 mn north of blakely S Steven 49er trapper
Steven 49er trapper S Joined: May 2010 Posts: 9,049 mn north of blakely	If 6ou are interested in purchasing Ibonds there are 2 ways. One is to open an account at the US Treasury https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm and buy them electronically. You will not get a a paper certificate like this way we used to. Another 8s to use your tax refund,if you qualify for one, to purchase them. Doing it this way they will send you a paper certificate "Inflation is always and everywhere a monetary phenomenon". Milton Friedman.

Re: Why/Why not buy I Bonds. [Re: Bob] #7593775 05/29/22 08:25 AM 05/29/22 08:25 AM
Joined: Aug 2021 Posts: 1,063 MA F Flicker Shad trapper
Flicker Shad trapper F Joined: Aug 2021 Posts: 1,063 MA	Originally Posted by Bob You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. Bad advice.

Re: Why/Why not buy I Bonds. [Re: jbyrd63] #7593787 05/29/22 08:40 AM 05/29/22 08:40 AM
Joined: Mar 2010 Posts: 3,860 Oklahoma Blaine County trapper
Blaine County trapper Joined: Mar 2010 Posts: 3,860 Oklahoma	Originally Posted by jbyrd63 Originally Posted by Bob You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. You can’t say that with any certainty. NO investment in any stocks can guarantee a return of an I bond RIGHT now! With the recession almost certain and idiots in control don’t be surprised to see you s& p fund down 20-30% by fourth quarter. Read the tea leaves Biden is riding a race horse to the crash of our economy and every time he picks up a pen or opens his mouth he is spurring it on. Friday’s rally is an anomaly because high fuel prices are going to take its toll when the cold air hits and furnaces fire up ! Gas usage and grocery prices will eat up most people’s savings waaaay before the first frost . So better get the guaranteed money while it’s there I bond is the only thing I know with that return that CANNOT go negative Will never drop below your initial investment Both of you experts should post screenshots of your investment accounts with holdings, balances and 10 year rate of return. Scratch out real names and SSNs, of course. MOLON LABE

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594016 05/29/22 04:14 PM 05/29/22 04:14 PM
Joined: Feb 2007 Posts: 1,133 Ohio BuckMink trapper
BuckMink trapper Joined: Feb 2007 Posts: 1,133 Ohio	i did online and bought one single I bond... just gonna wait otherwise. got atleast another 30 years to go so im gonna dump it in the s&p index... supposingly my 401k is well rounded with blue chip, small cap and international markets as well as the s&p 500 but somehow Its just as worse if not more then only owning the s&p index which doesnt make sense....4 years ago i made a seperate roth account with ONLY the s&p 500... compared to the "well rounded' 401k from work and it actually provided positive return yeild instead of neg while my other account is a neg 17...clueless

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594468 05/30/22 10:01 AM 05/30/22 10:01 AM
Joined: Feb 2008 Posts: 770 WI B BvrRetriever trapper
BvrRetriever trapper B Joined: Feb 2008 Posts: 770 WI	One thing to consider is to buy multiple Ibonds of smaller denominations instead of one large one. It provides for more flexibility when cashing out.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594476 05/30/22 10:12 AM 05/30/22 10:12 AM
Joined: May 2010 Posts: 9,049 mn north of blakely S Steven 49er trapper
Steven 49er trapper S Joined: May 2010 Posts: 9,049 mn north of blakely	Good point. "Inflation is always and everywhere a monetary phenomenon". Milton Friedman.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594488 05/30/22 10:34 AM 05/30/22 10:34 AM
Joined: Dec 2008 Posts: 1,517 eastern washinghton 7 70sdiver trapper
70sdiver trapper 7 Joined: Dec 2008 Posts: 1,517 eastern washinghton	Iif you cash them before 5 years you only lose 3 months interest. Also you must hold them 1 year. if you had purchased an I-bond in 2000 it would be earning 13.39 percent right now. catch to date: coon 1 mink 0 rats 0 beaver 1 yotes 7 Skunk 0 otter 0

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594714 05/30/22 04:33 PM 05/30/22 04:33 PM
Joined: Aug 2010 Posts: 8,862 Asheville, NC C charles trapper
charles trapper C Joined: Aug 2010 Posts: 8,862 Asheville, NC	No state income tax on US Bond interest.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594732 05/30/22 05:02 PM 05/30/22 05:02 PM
Joined: Apr 2010 Posts: 3,491 Ohio S stinkypete trapper
stinkypete trapper S Joined: Apr 2010 Posts: 3,491 Ohio	I have been buying bonds on Treasury direct since 2006. I bonds. Minimum of 25.00 is allowed. EE Bond Minimum is 50.00. Since low interest rates. I Bond always a better rate. Easy way to set aside for an undisciplined person like myself. When it comes to saving. Guaranteed to double your money after 20yrs. Interest as well. Just another saving tool. Nice way for a young person to start saving. Better than a bank savings account. Better interest IMO.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7594942 05/30/22 09:06 PM 05/30/22 09:06 PM
Joined: Mar 2009 Posts: 649 Deer lodge, MT D Dean Chapel trapper
Dean Chapel trapper D Joined: Mar 2009 Posts: 649 Deer lodge, MT	I wonder what coonman recommends? I'm not buying in until I know.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7595012 05/30/22 10:30 PM 05/30/22 10:30 PM
Joined: Apr 2010 Posts: 3,491 Ohio S stinkypete trapper
stinkypete trapper S Joined: Apr 2010 Posts: 3,491 Ohio	. Dean. That’s funny right there

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7612210 06/25/22 02:59 AM 06/25/22 02:59 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	I'm happy with my iBond. WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7627713 07/16/22 12:23 AM 07/16/22 12:23 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	If this outrageous inflation continues, I may buy another iBond later this year. WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7627714 07/16/22 12:26 AM 07/16/22 12:26 AM
Joined: May 2010 Posts: 9,049 mn north of blakely S Steven 49er trapper
Steven 49er trapper S Joined: May 2010 Posts: 9,049 mn north of blakely	If? "Inflation is always and everywhere a monetary phenomenon". Milton Friedman.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7627719 07/16/22 12:31 AM 07/16/22 12:31 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	Lol. Yeah, I am afraid you are right Last edited by AJE; 07/16/22 12:31 AM. WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7636675 07/28/22 12:17 AM 07/28/22 12:17 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	It'll be interesting to see what all these interest rate hikes do to inflatiom WTA Member

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7636878 07/28/22 09:52 AM 07/28/22 09:52 AM
Joined: Jan 2007 Posts: 2,195 Hancock Co., Indiana Kart29 trapper
Kart29 trapper Joined: Jan 2007 Posts: 2,195 Hancock Co., Indiana	I just bought my first I-bond last night. I plan to buy several more over the next few months. This is just some money I've had sitting in my savings account earning practically nothing in interest. I'm not replacing the investments into my retirement accounts. But even the little bit of money I have in my savings account should be earning more interest than it is. What from Christ that soul can sever, Bound by everlasting bands? None shall take thee From the Strength of Israel's hands.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7643417 08/05/22 10:50 PM 08/05/22 10:50 PM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	I think you'll be happy with it, Kart29. WTA Member

Re: Why/Why not buy I Bonds. [Re: Bob] #7643426 08/05/22 11:03 PM 08/05/22 11:03 PM
Joined: Feb 2014 Posts: 9,950 Ky J jbyrd63 trapper
jbyrd63 trapper J Joined: Feb 2014 Posts: 9,950 Ky	Originally Posted by Bob You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. You might want to look into it a little deeper I bonds compound semi annually but is calculated each month if you buy one right now the 9.62 is locked in for 6 months Yes the interest is set again in October but you receive that locked rate. The bond starts earning interest from day one but it doesn’t show up in your account until the 5 th month They show you what you would receive minus the 3 month penalty Once it becomes vested after five years the entire interest will be included on your statement. Look into the formula they use to calculate the interest much better than the way a bank or investment co does it . I’ll try to post the video of the lady showing how I bonds are paid out Last edited by jbyrd63; 08/05/22 11:09 PM.

Re: Why/Why not buy I Bonds. [Re: Tim64] #7643429 08/05/22 11:05 PM 08/05/22 11:05 PM
Joined: Feb 2014 Posts: 9,950 Ky J jbyrd63 trapper
jbyrd63 trapper J Joined: Feb 2014 Posts: 9,950 Ky	Originally Posted by Tim64 The 9.62% yield is only guaranteed for six months. The CPI is announced in May and November of each year. The yield on the I bond will change as the CPI changes. If you believe inflation will stay high for years, then the investment would be better than an index fund. Knowing you must hold this investment for five years to avoid redemption penalty makes it somewhat risky of opportunity loss. Your final yield is called composite interest which can't be known until maturity of the bond. You will know your interest it’s on your statement in your account

Re: Why/Why not buy I Bonds. [Re: Bob] #7643565 08/06/22 07:24 AM 08/06/22 07:24 AM
Joined: Feb 2014 Posts: 9,950 Ky J jbyrd63 trapper
jbyrd63 trapper J Joined: Feb 2014 Posts: 9,950 Ky	Originally Posted by Bob You’d do better over the course of 5 years, and waaay better if you leave it longer than that, with a simple s&p 500 index fund. The average 5 year rate of return on that has been 10.7% AND bonds do not compound, so you’ll leave A LOT of money on the table even if the market severely underperforms. One thing you left out is With an I bond you cannot loose money! It will never go below your investment! How many stocks in that S&P you recommend can say that ? Last edited by jbyrd63; 08/06/22 07:24 AM.

Re: Why/Why not buy I Bonds. [Re: Oleo Acres] #7644161 08/07/22 12:17 AM 08/07/22 12:17 AM
Joined: Jan 2016 Posts: 7,971 WI - Wisconsin A AJE trapper
AJE trapper A Joined: Jan 2016 Posts: 7,971 WI - Wisconsin	I don't have confidence this new bill the Senate passed will solve inflation WTA Member

Page 1 of 2

1

2

Moderated by 330-Trapper, Bogmaster, Cindy, cotton, Drifter, Maddog47, Paul Dobbins, tmrschessie, USMC47 🦫, Wolfdog91

Powered by UBB.threads™ PHP Forum Software 7.7.1