Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks:
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
How Masterworks works:
-Create your account with your traditional bank account
-Pick major works of art to invest in or our new blue-chip diversified art portfolio
-Identify investment amount
-Hold shares in works by Picasso or trade them in our secondary marketplace
See important Masterworks disclosures:
Credit Shifu Wallets:
Like Credit Shifu on FACEBOOK:
Advertiser Disclosure: This site is part of an affiliate sales network and receives
compensation for sending traffic to partner sites, such as CreditCards.com. This
compensation may impact how and where links appear on this site. This site does not
include all financial companies or all available financial offers.
37 comments
First!!!
Joe Biden “I did that”
I always thought I-bonds were stupid, but then again, I never lived through these types of inflationary times. Happy to say I understand now.
You should throw out a video of your thoughts on the housing market. I'll click on it and I'll watch it. There's communities in my area where they start building when they prequalify you. Once it's finished then at that point they will run your credit score again and see what rate you qualify for and people are not able to afford a higher interest rate so there's homes available to move in, further adding to the supply of homes.
My life has totally changed since I started an investment of $6,000 and now earning over $57,000.
We should start a credit hotline number. Need creative solutions for your next big purchase? Want an all expense paid vacation? Call now!
Just a clarification that I bonds will not ‘beat’ inflation but merely attempt to match it. The real rate of return should be 0%
Limit is 10K. So if you're not doing too well now, or simply want to preserve your purchasing power, you invest your 10K in these I-bonds, and in one year your just $1K richer. You still fell behind inflation and are poorer than when you started, from a purchasing power standpoint. These would be useful if you could invest 100K or 1M.
I had I-Bonds taken out each paycheck during my time in the military. After my enlistment term. I had to cash out to help pay for moving back home. Military pay sucked major balls, my reason for EAS'ing. My first month working after the Marine Corps I made 3X's more after taxes than my last raise after 5 years in the Corps. SMH. I-Bonds helped me get back home.
I just tried to login to Treasury Direct on my Silicon M1 Mac Mini AND my Ipad Pro and it keeps giving me site unavailable errors or error messages.
I tried it in Chrome, Safari, Firefox and Google and NOTHING works.
I think your video crashed the site with everyone trying to sign up at once.
I always put 2k in my ibond every year. It's worked out the past few years
The government will never lend you money at lower then the inflation rate. You lose money with these bonds. Buy stocks not United States treasuries…
I've been meaning to buy I bonds so thank you for literally walking us through how to actually buy them! So easy now. Thanks Ben!
“Some dude on the internet” giving financial advice and not even addressing downside risks. Unreal that this can be allowed.
Why don’t you explain how you “cash out” these bonds at a giant loss if inflation subsides? Perhaps the largest omission, but one of many.
Y’all are some tools in the comments. Yes the rate can go down, but the interest you got the first year still stays. If you have atleast 10K or more and have no intentions of using it within the next couple years while watching the markets. Park it in an I bond. There’s no fees and cash out is easy. No one is going to get rich of this, but it’s just a short term savings that’s protected by the U.S. treasury. So unless that goes belly up then you would lose money. But we would have bigger problems. Also even if it goes to zero next year, you still wouldn’t lose any money. Your principle is your principle. Stay broke folks.
"Unfair stealth tax against the people" has got to be the dumbest description of inflation I've ever heard. Do better Ben!
Great Content! Going to buy next week. Thanks
Great video! First time I've understood exactly how this worked. The "locking in" I'd read about sounded weird until you explained it
Only 10k though a thousand bucks whoopty do. I feel like I can put that to better use
Bought an I-Bond last December. Will buy a second before the end of the month. No federal tax on the I-Bond too! In addition buy near the end of the month (but allow about 3-4 days to clear). You get the full month's credit even if you buy on, say, the 25th.
Stablecoin interest rates are just as high…for now at least
Is the money tax free?
How much do you have to put down to get an I-bond?
great advice. in crazy inflation times like these the series I bond is a powerful tool
Thx Ben! Great info idk that rates were that high!
With a 20% inflation (which is the real numbers not 8.5%) the bonds doesn’t work! Buy gold, silver and crypto !!!!!
I'm anticipating the wage-price-spiral to recur with these I-bonds. Sorry to be the pooper on this episode but it's mathematically parallel to the minimum wage increase.
Piece
Mrs Charlotte's is legit and her method works like magic I keep on earning every single week with her new strategy
9% is basically what inflation is officially lmao.
Appreciate the insight Ben!
Bonds are priced in for the next two years forecasting the rate schedule. The fed doesn't determine interest the bond market does. The fed only reacts to what the bond market sets. So unless you shorted bonds like a year ago you're behind the curve.
I don’t believe the US government is “risk free” and I don’t see inflation going down in the foreseeable future!
You'd think LLCs would have a lower rate of bounds they could buy.
Great video, Ben! My parents and grandmother understood the I Bond concept a long time ago, and my wife and I benefitted greatly. We were able to finance a great new house amid a relatively overheated market last year with help from I Bonds. Yes, I had to deal with the tax liability, but it was well worth it! If I can, I will very likely repeat the cycle for any kids my wife and I have in the future.
IM SORRY BUT BONDS ARE A BAD INVESTMENT RIGHT NOW AND FUTURE ONES TOO
Thanks for the video! Is it easy to cash out an electronic i bond once you're ready to? Is there any sort of liquidity issues selling it or is it just accepted back by the government??