inflation

I’m a day late with this info, but… The Treasury has announced the new Series I Savings Bond rates, effective May 1st, 2014. As a reminder, I-Bond rates are pegged to inflation estimates, though there is also a fixed component set by the Treasury. Rates are updated twice a year […]

Read the full article >>>

Guess what? Stamp prices are going up. Again. Effective tomorrow (Jan 26, 2014) a first class stamp will increase from 46 to 49 cents. That’s for a 1 ounce letter. Additional ounces will likewise be increasing from 20 to 21 cents. And postcards will go from 33 to 34 cents. […]

Read the full article >>>

Redeem Older I-Bonds to Buy New Ones?

by Michael on Nov 6, 2013 · 2 comments

As a quick followup to my I-Bond rate update, I just wanted to point out that the Treasury surprised everyone (or at least me) by increasing the fixed rate last week. That’s the good news. The bad news is that they only increased it from 0% to 0.20%. Regardless, you […]

Read the full article >>>

Today I want to share a rule of thumb to help you quickly estimate the long-term impact of your ongoing spending decisions. If you’re having trouble keeping your spending in check, this tip will hopefully motivate you to plug some of the holes in your budget. And it may help […]

Read the full article >>>

Should You Invest Your Emergency Fund?

by Michael on Aug 9, 2013 · 5 comments

A reader named Austin recently wrote in to ask the following question: Can you please comment on Betterment’s recommendation of a “moderate risk” portfolio including 30-50% stocks for one’s emergency fund instead of cash. What do you think of this idea? Sure enough, Betterment is arguing that “you can do […]

Read the full article >>>

At the risk of preaching to the choir, I’d like to discuss investment expenses and how they affect the growth of your portfolio. The other day, I covered expense ratios — what they are and how they work. Today, we’ll be talking about why they matter. As you’re likely aware, […]

Read the full article >>>

Series I Savings Bond Rate - May 2013

by Michael on May 1, 2013

The BLS has just released the March 2013 inflation numbers which mean that we can now predict the May 2013 I-Bond rate. As a reminder, I-Bond rates are pegged (in part) to inflation estimates, though there is also a fixed component set by the Treasury. The inflation component is variable […]

Read the full article >>>

Why Buy I-Bonds?

by Michael on Apr 24, 2013 · 1 comment

I’ve received a couple of inquiries about why I’m such a fan on Series I Savings Bonds, so I thought I’d spend a bit of time discussing that today. As a reminder, I-Bonds are low-risk, inflation-indexed savings bonds that are issued (and backed) by the Federal government. So what’s so […]

Read the full article >>>