ALERT: Last Chance To Lock In Guaranteed I-Bond 9.62% Return (Expires Oct 28)
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Right now, I-bonds are offering an extremely attractive risk free return, especially given the current high rate of inflation – it’s possible we may never see one this generous again. How generous? If you buy an I-bond today, you’ll lock in a guaranteed annualized rate of return of 9.62% on your money for the next 6 months. That’s more than 2x the return that standard T-bills are currently paying, and it comes with the same security guarantee that you’ll get 100% of your principal back, along with the interest you earned. But time is running out to lock in this 9.62% rate. To do so, you need to buy your i-bonds before this coming Friday, October 28th. If you don’t, the interest rate i-bonds offer resets on November 1 and you’ll only be able to get the new rate after that – which we know now is highly likely to be lower, currently estimated to be 6.48%. Now that’s still not too bad, but it’s ⅓ less than 9.62%. So if you’ve watched my earlier videos on i-bonds like this one explaining how they work and how to buy them using the US Treasury’s TreasuryDirect.gov website – or this one explaining how to use the Treasury’s little known “gift box” to multiply the amount of money you can put into i-bonds at today’s 9.62% rate – if you’ve watched those but still haven’t yet bought any for the 2022 calendar year, consider dropping everything and go buy them RIGHT NOW. And if you haven’t watched those, you should go do so right after this video ends. As for the rest of this video, I’m just going to provide a few quick clarifications to questions that have come in over the past few weeks about i-bonds. https://youtu.be/2johvdSAvO8 SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com Learn more about your ad choices. Visit megaphone.fm/adchoices