Comments on: Series I Bonds Inflation Rate Update (Nov 2009)

By: bill

bill — Mon, 09 Nov 2009 02:24:19 +0000

Yes, they look good as an opposing (yes opposing) hedge against gold bullion coins, which I am an avid buyer of. Series I bonds with a fixed 0.30 will never go negative and the tax deferral scheme is a great advantage over TIPS.

By: Jim

Jim — Wed, 04 Nov 2009 18:47:10 +0000

Right, I clarified the update to make that clearer.

I think they look good given the rules of Series I bonds, I’m thinking about buying some.

By: NateUVM

NateUVM — Wed, 04 Nov 2009 18:40:38 +0000

Fixed rate actually went up to 0.30%. Combined rate is 3.36% Given your equivocating these to 15 mo. CDs, this would be an APY of about 2.69% Any thoughts on how these bonds look right now, for this current 6-month period?

By: Acero

Acero — Sat, 31 Oct 2009 20:56:22 +0000

Jim, you confused me slightly. If your fixed rate is 1% and the inflation rate is 1.5325% how do you come up with 4.08% rate?

By: Juan

Juan — Fri, 30 Oct 2009 15:42:10 +0000

Hi Jim,

Very nice clinic on Series I bonds. It might be a good idead to let readers now where to buy these….

By: eric

eric — Thu, 29 Oct 2009 03:34:12 +0000

yes! thanks for the update jim. i was waiting for this

finally we get something besides 0%…let’s keep it that way.

By: zapeta

zapeta — Wed, 28 Oct 2009 14:40:51 +0000

I agree that buying in November would be the better option. You aren’t losing much if you lose out on the 0.10% fixed rate, but having the money sit there another 6 months at 0% before it adjusts could cost a lot of interest.