No Profanity *** No Flaming *** No Advertising *** No Anti Trappers ***NO POLITICS
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

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


Print Thread
Hop To
Page 1 of 3 1 2 3
Why/Why not buy I Bonds. #7577495
05/05/22 04:51 PM
05/05/22 04:51 PM
Joined: Mar 2012
Posts: 257
Barbour county,WV
O
Oleo Acres Offline OP
trapper
Oleo Acres  Offline OP
trapper
O

Joined: Mar 2012
Posts: 257
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: 4,973
MD
D
DaveP Offline
trapper
DaveP  Offline
trapper
D

Joined: Jan 2007
Posts: 4,973
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: 3,035
wyoming southeast
D
danvee Offline
trapper
danvee  Offline
trapper
D

Joined: Mar 2010
Posts: 3,035
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: 35,124
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,124
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: 257
Barbour county,WV
O
Oleo Acres Offline OP
trapper
Oleo Acres  Offline OP
trapper
O

Joined: Mar 2012
Posts: 257
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: 1,252
mi. u.p
grapestomper Offline
trapper
grapestomper  Offline
trapper

Joined: Sep 2012
Posts: 1,252
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: 119
Olathe , KS
B
bwurts Offline
trapper
bwurts  Offline
trapper
B

Joined: Jan 2009
Posts: 119
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: 17,548
Rodney,Ohio
SNIPERBBB Offline
trapper
SNIPERBBB  Offline
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Its gotta be better than the 0.2% CDs at the bank...

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: 3,960
Northern Nevada
B
Bob Offline
trapper
Bob  Offline
trapper
B

Joined: Jan 2007
Posts: 3,960
Northern Nevada
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: 88
Missouri
A
All33 Offline
trapper
All33  Offline
trapper
A

Joined: Apr 2021
Posts: 88
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: 10,007
WI - Wisconsin
A
AJE Offline
trapper
AJE  Offline
trapper
A

Joined: Jan 2016
Posts: 10,007
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.
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: 165
Pennsylvania
T
Tim64 Offline
trapper
Tim64  Offline
trapper
T

Joined: Jan 2013
Posts: 165
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: 10,007
WI - Wisconsin
A
AJE Offline
trapper
AJE  Offline
trapper
A

Joined: Jan 2016
Posts: 10,007
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.
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: 114
SE Pennsylvania
P
Pafoxman Offline
trapper
Pafoxman  Offline
trapper
P

Joined: Jul 2010
Posts: 114
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: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
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: 1,473
Over there.
F
Flicker Shad Offline
trapper
Flicker Shad  Offline
trapper
F

Joined: Aug 2021
Posts: 1,473
Over there.
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: 5,922
2A Sanctuaries-W. OK & N. NM
Blaine County Offline
trapper
Blaine County  Offline
trapper

Joined: Mar 2010
Posts: 5,922
2A Sanctuaries-W. OK & N. NM
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.

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: 1,144
Ohio
BuckMink Offline
trapper
BuckMink  Offline
trapper

Joined: Feb 2007
Posts: 1,144
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: 1,384
WI
B
BvrRetriever Offline
trapper
BvrRetriever  Offline
trapper
B

Joined: Feb 2008
Posts: 1,384
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: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Good point.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Page 1 of 3 1 2 3
Previous Thread
Index
Next Thread