Personal Finance and Investing

each 6 months. I Bonds purchased from Nov 21 to thru Apr 22 are paying a yearly rate of 7.12%. I would
bet the inflation rate will be higher and I Bonds purchased from May 22 thru Oct 22 will pay more than 7.12%.
I Bonds have a fixed face value of $10000 plus interest they can't lose value. There are no state and local tax on I Bonds either.

He is being conservative saying if an I Bond pays 5% per year it will accumulate 25% interest over 5 years. But it would be actually more than that because it is compounded every 6 months. They are paying 7.12% currently.


I have a retirement fund at T. Rowe Price. They reduce your exposure to stocks with your age, at this time it is about 40% equities and 60 Fixed Income.

I have another retirement fund with Vanguard that I manage myself at 40/60. Vanguard is more conservative and recommend
even less in their retirement funds.

I have done very well with both over the years.