8 ms·
IBonds are a no brainer. A great rate, no risk and few constraints. I've got them for myself, my wife, my kids and my LLC
by jeffmc 4y ago
IBonds are a no brainer. A great rate, no risk and few constraints. I've got them for myself, my wife, my kids and my LLC
- europeanguy 4y agoIf inflation goes to 20% it won't be a great rate.
- bskap 4y agoI Bond rates are recalculated every 6 months. If inflation goes to 20%, the rate will be great. If inflation goes back down to 2%, not so much
- europeanguy 4y agoInteresting.
- jjeaff 4y agoMain constraint being $10k a year per person.
- benreesman 4y agoI’m actually really curious about this. I’m a bond-market ignoramus. Is it capped because it’s a government subsidy to people who know that it’s a good deal? If so, wtf with the regressive tax? Or is it capped because of some bond-math/bond-market reason that a novice would miss?
- rlucas 4y agoEffectively, yes. It's a subsidy to individuals of moderate means, particularly those who have spent decades maxing out their holdings. If you think that's regressive and absurd, wait until you hear about the mortgage interest deduction, 1031 exchanges, depletion allowances, accelerated depreciation, ....
- jjeaff 4y ago...and capital gains taxes, the carried interest loophole, the unlimited step up basis rule, private yacht tax deductions, and Texas...