I bonds - Page 7

Fenrir

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9:46p, 4/10/24

April seems like a good time to buy before the fixed rate disappears.

TombstoneTex

Joined: Sep 6, 2010

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In reply to Fenrir • 1:47p, 4/11/24

AG

Fenrir said:
April seems like a good time to buy before the fixed rate disappears.

What? Everything I've read says the fixed component will remain at 1.3% or rise slightly.

Fenrir

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In reply to TombstoneTex • 2:17p, 4/11/24

TombstoneTex said:
Fenrir said:
April seems like a good time to buy before the fixed rate disappears.
What? Everything I've read says the fixed component will remain at 1.3% or rise slightly.

I thought read a couple last night predicting the fixed rate goes away in May but I may have misread since I cannot find it today. What I read today after seeing your comment is predicting 1.2% for fixed rate. Either way April is better but not nearly as big of a distinction.

Brian Earl Spilner

Joined: Aug 6, 2013

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In reply to Brian Earl Spilner • 2:30p, 4/11/24

AG

Brian Earl Spilner said:
Bought April 2022, sold July 2023 (rather than January 2024) because HYSA rates are so good. Dumped $9k into my HYSA, $1k into S&P, and DCA'ing another $1k a month to the S&P from here till December.

And because I'm such a freak about my finances, I have a spreadsheet tracking how much more or less I've made by doing this than keeping the I-Bonds.

I'm down $16 (vs I-Bonds) as of 8/2 due to the downturn the last few days. But, I think it'll work out in the end.

It did.