Dave Taylor
Rex kwan Do
Currently I am still mostly cash in all of my accounts which has worked out so far. I am looking into I bonds for my kids and the wife and I. This started as a result of seeing last month's statements for the custodial accounts my mother started for our kids. They started with $10k each 6 years ago, went upwards of $16k and now are breakeven/slightly negative. This Is what upsets me about financial advisors. They don't know how to do anything besides dump money into funds. Nothing about preserving capital, DCA or anything.
So the real question is...inflation...will it stay high? Is now the time to invest in I bonds or should we wait until they squash this round of inflation in another year or three to go that route? Currently they are earning 6.89% until April. Is there a chance these end up earning nothing if the fed really squashes inflation to zero? TIA
So the real question is...inflation...will it stay high? Is now the time to invest in I bonds or should we wait until they squash this round of inflation in another year or three to go that route? Currently they are earning 6.89% until April. Is there a chance these end up earning nothing if the fed really squashes inflation to zero? TIA