The stock market

The job market favors the workers right now.....you have to give good pay...good benefits...and let cry babies work from home full time or partially
 
Want a guaranteed 9.62% annual return?? Just heard, and bought I-Bonds.

If I read things correctly these are different from the EE bonds in that

  1. The bond value is what you pay, not like paying 1/2 of the EE
  2. You buy them online and they pay you electronically so no paper to keep track of
  3. Interest is logged monthly
  4. You have to hold 12 months
  5. You can only buy up to $10K per year
  6. If you cash out before 5 years you lose the last 3 months interest
  7. The interest rate is guaranteed for 30 years
  8. This 9.62% interest rate on bonds bought now through October, so no need to rush
  9. Interest is IRS taxable, but not states and if you use the bonds for education, the interest is tax free
Haven't seen a guaranteed 9.62% return in years so I couldn't resist. I think you can also have any trusts by them also, if they have an EIN instead of a SSN so you can get another $10K.

Here's the link: Series I US Bonds
 
Want a guaranteed 9.62% annual return?? Just heard, and bought I-Bonds.

If I read things correctly these are different from the EE bonds in that

  1. The bond value is what you pay, not like paying 1/2 of the EE
  2. You buy them online and they pay you electronically so no paper to keep track of
  3. Interest is logged monthly
  4. You have to hold 12 months
  5. You can only buy up to $10K per year
  6. If you cash out before 5 years you lose the last 3 months interest
  7. The interest rate is guaranteed for 30 years
  8. This 9.62% interest rate on bonds bought now through October, so no need to rush
  9. Interest is IRS taxable, but not states and if you use the bonds for education, the interest is tax free
Haven't seen a guaranteed 9.62% return in years so I couldn't resist. I think you can also have any trusts by them also, if they have an EIN instead of a SSN so you can get another $10K.

Here's the link: Series I US Bonds
You're loosing 15-35%% on it. annually.
inflation at 9%+, minus your Fed tax rate
 
You're loosing 3-5% % on it. annually. unless held to maturity.
inflation at 9%+ minus Fed tax rate
I'm more interested in zero risk to premium scenarios than trying to beat inflation. Barring any disaster, the money will probably sit there until my children cash them out.

Sure beats CDs to keep some cash on hand...
 
I'm more interested in zero risk to premium scenarios than trying to beat inflation. Barring any disaster, the money will probably sit there until my children cash them out.

Sure beats CDs to keep some cash on hand...

So you got some dough for the kids eh...that's funny cause I'm looking for a new "DADDY"...my old one lost his glitter :)
 
Someone asked here 'why would I sell now'.
Here is weekly chart of the S&P 500. I made some annotations for reference. Just a visual of events and how we got to where we are today.

Screenshot 2022-05-07 124720.webp
 
Want a guaranteed 9.62% annual return?? Just heard, and bought I-Bonds.

If I read things correctly these are different from the EE bonds in that

  1. The bond value is what you pay, not like paying 1/2 of the EE
  2. You buy them online and they pay you electronically so no paper to keep track of
  3. Interest is logged monthly
  4. You have to hold 12 months
  5. You can only buy up to $10K per year
  6. If you cash out before 5 years you lose the last 3 months interest
  7. The interest rate is guaranteed for 30 years
  8. This 9.62% interest rate on bonds bought now through October, so no need to rush
  9. Interest is IRS taxable, but not states and if you use the bonds for education, the interest is tax free
Haven't seen a guaranteed 9.62% return in years so I couldn't resist. I think you can also have any trusts by them also, if they have an EIN instead of a SSN so you can get another $10K.

Here's the link: Series I US Bonds
I just bought one for the max 10 grand.....do you think you can buy another under our admirals name...it says per entity...individual..person. I think they fit one of those no?
 
I just bought one for the max 10 grand.....do you think you can buy another under our admirals name...it says per entity...individual..person. I think they fit one of those no?
Yes, per SSN & EIN so if you each have a trust, a married couple can spring for 4, IF I read everything correctly. We successfully maxed the individual SSNs, each of us with our own TreasuryDirect account, waiting for a little cash build up to try the EINs...
 
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the stock market...what's different this time

1) we have inflation and money is being tightened..the fed is reducing bal sheet
2) Interest rates are going up
3) SO the fed cannot come to the rescue which means no V bottom...we will grind lower and lower
4) the supply chain is screwed
5) diesel is wayyy too high....causing inflation for transported goods
6) Russia is on the warpath
7) China could go to war

THE GOOD

1) STRONG JOB MARKET
2) Wages are up
3) earnings are still strong
4) spending is strong (get on line for a car)
5) housing market is nuts
6) NUT JOB is not In charge
 
Yes, per SSN & EIN so if you each have a trust, a married couple can spring for 4, IF I read everything correctly. We did do the individual SSNs, waiting for a little cash build up to do try the EINs...
thanks..so you opened two separate accounts online correct?
 
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