Watch this video, it well worth the time, lots of good info and strategies to maximize the current I bond rates.

Several legal work arounds for the 10,000 dollar maximum per person.

I wonder what happened to Jbyrd63?

... he’s too busy mastering the universe! Y’all are just jealous

... keep on keepin on Jbyrd... Alabama is going to beat the Russians in the final seconds no doubt

.. don’t listen to the detractors in here

Probably too busy maxing out the payload of his Chevy with smallmouth to be handing out financial advice tonight. Ole boy knows how to rip some lips for sure.

... no lead weights needed for sure.... snatchin up smallmouths released from the first episode of in fisherman

No worries, he’ll let you know on or after 11/1 what you should have done by 10/31.

This is the same info I posted about 3 months ago . !! Not the same video. One I posted was a lady explaining all the in and outs . Thanks 49er Only reason it would go to 6 percent is if the government lied about inflation! The CPI he is talking about that they calculated the 6% miraculously came up with an 8.67 raise for social security! Calculated in the same month !

Is there a question retriever ? What was I supposed to answer before November 1st ?

I don’t give out advice anymore. The butt hurt on here that didn’t listen just want to moan and groan If my prediction comes true they go quiet!!
I’m lying around trying not to cause a 9 and a 6 mm kidney stone to move until Thursday when the sonic wave truck comes thru to bust it up

I hope your kidney stone pass easily, jbyrd63.

I seen the video you posted earlier. Did you see the part where you can put more than 10k in you and your wife's name?

The formula used for ibond interest uses month over month changes in CPI.

The COLA increase for SS uses year over year

Yes SS is year over year BUT the month it was calculated they used the CPI figures to set the 8.67 . SAME month I bonds . You think the months june thru October the CPI was low enough to drop the I bond rate any? Still good return. Yes , thanks again for the info . I knew about the LLc option . My first post about I-bond the negative Nancy's commented I was ignorant and needed to stick to fishing. Funny how time after time what I post people find themselves doing it or at least looking into it...

Have yourself a wonder day..

I think Barron’s mentioned 6 percent a few months ago.

Given the formula posted on treasury directs own web page the new Ibond rate should be 9.1- 10.2 % With BOBO's clan reporting an 8.2 % inflation rate for September and Prime being at 6.7% no way the I-Bonds should be in the 6's

An example

The composite rate for I bonds issued from May 2022 through October 2022 is 9.62%.

Here's how we got that rate:


Fixed rate
0.00%

Semiannual (1/2 year) inflation rate
4.81%

Composite rate formula [fixed rate + (2 x semiannual inflation rate) + (fixed rate x semiannual inflation rate)]
[0.0000 + (2 x 0.0481) + (0.0000 x 0.0481)]

Gives a composite rate of
[0.0000 + 0.0962 + 0.0000000]

Adding the parts gives
0.0962000

Removing extra zeros gives
0.0962

Turning the decimal number to a percentage gives
9.62%

It would be great to see that interest rate. I hope you are correct. But with the current administration. Remember inflation was transitory. Good luck to you on that kidney stone. Speedy recovery to you Jbyrd63

Wayne, there isn't a chance it will be that rate.

For existing I bonds it will be in the 6.5 percent give or take a couple tenths, it's not rocket science math.

Here is the formula used to figure the rate beginning Nov 1. (September CPI Index-March CPI Index)/March CPI Index. That will give us the six month percent change between March and September. Than multiply by two to give the APR.

Lets punch in the number March CPI index was 287.504, September 296.808. 296.808-287.504=9.304. 9.304/287.504=3.23 percent six month change. Multiply by two and that comes to 6.46% APR. Simple math, number in, numbers out.

It's possible that newly issued bonds could be higher than 6.5 if they change the fixed rate which stands at zero today. I don't think anyone expects they will change the fixed rate.

The important information in the above video is there are work arounds the $10,000 a year maximum per person if a couple has that amount of money to put in I bonds.

If an individual has an LLC or multiple LLCs, each LLC can put in the 10k, if a person has a family trust, the trust can purchase 10k. If a couple puts in 20k and maxes out the individual amounts they can gift another 10k to each other. That 10k will sit in a Treasury direct gift box until the individual takes ownership.

Personally I think beginning in November t bonds will be better. I can see the 10 year pushing 5 percent and 1 and 2 year nearing 6.


To be fair to lets go brandon, the transitory term came from the Federal Reserve.

Got it. Thanks Steve.

That's a grim outlook Steven. I can easily see the tens at 5% but if the twos go to 6% we will experience a crushing recession.
The 10-2 spread has been narrowing and moving toward positive territory lately. Hopefully it continues.........after the mid-terms ))