Thanks for visiting our personal finance channel! We hope this free content will help fast-track your financial journey! Please note that there are questions/ comments which I will not be able to answer without fully understanding your financial, personal & other circumstances. Everyone's financial journey is different. If you wish to set up a consultation call & discuss whether we can help you on an individual basis, please complete the Work With Us form on our website: www.diamondnestegg.com
@TaipanTex
2 жыл бұрын
I've watched a lot of other people's videos on investing for years but I've got to say I've never seen anyone present such complicated subject matter in such a clear, concise, and easy to understand format as you. It's really appreciated! I especially like the way you compare and contrast different methods of investing. Very thorough and very, very clear. And the hand gestures do not bother me at all as someone previously mentioned. Keep doing what you're doing.
@DiamondNestEgg
2 жыл бұрын
Thanks for the positive feedback - appreciate it (esp. the hand gestures bit) 👍
@DiamondNestEgg
2 жыл бұрын
@@studiochange It'll depend on your financial circumstances & market/ inflation outlook, but if you're willing to hold the TIPS to maturity, you're at least protecting your purchasing power.
@alan30189
Жыл бұрын
@@studiochange I haven’t bought a CD since I was a in my teens or early 20s, when interest rates paid on CD’s was 8-10%. The rates just aren’t there. Marcus is a rare exception (4% on a 1 year CD), but there are so many banks that pay ridiculously low interest rates on CDs and then you have to pay state income tax on the interest. Unless you live in a state where you don’t pay state tax on income, why do that? For example, I just looked at my bank, Wells Fargo, and they pay 3% interest on a seven month CD. They pay a much lower rate of 0.3% on a one-year CD. Unbelievable! Who the heck buys one year CDs at that rate, then pays state income tax on it? You’re much better off buying a 26 week treasury bill, which currently pays over 4% and you don’t have to pay state tax on it. I also have an online savings account with Brio Direct, and it’s currently paying 3.75% APY, plus, the money is not tied up for months or years. It’s liquid.
@paulcrescenti5581
2 жыл бұрын
Kudos for presenting Treasury Direct math in a great understandable way with helpful tables of comparison between products. I have only looked at two of your videos, but am very impressed. I will be seeking out more. Thanks for your great content.
@bobshoe1
2 жыл бұрын
Brilliantly and clearly explained. Incidentally, if you have a small business or trust, those entities can also purchase Ibonds.
@bam3051
Жыл бұрын
Thank you for what you’re doing Jennifer! As a child of the 80s I also appreciate the Izod sweater.
@watsk8455
2 жыл бұрын
this is my first time watching your channel. you make it sound less complicated and less confusing.thank you for a detailed explanation. i would definitely watch you again.
@ssaini74
2 жыл бұрын
Hi, just started watching your channel today when researching iBonds vs TIPS. Great job on your content and presentation! I watch several financial content providers and found your info very informative and presentation style engaging. Thanks for sharing that loophole that was one I have not heard of regarding the gifting. You can also go above the iBond annual limit by buying iBonds in a trust and for your business using your EIN.
@DiamondNestEgg
2 жыл бұрын
Glad you found it useful & thanks for the additional I-Bond info! Have a great weekend!
@DiamondNestEgg
2 жыл бұрын
@@user-tm1kb3fq4m You got it - it's on the list. We'll work on that shortly.
@therapturedmichelle
2 жыл бұрын
Thank you so much for making these videos. You are incredibly clear and your bio that I read on your KZitem profile is very impressive. I subscribed! I really really really appreciate the service you are doing to humanity!!!
@shannonmcgee3337
2 жыл бұрын
I just wanted to say thank you for this amazing video! I have never seen such a clear and to the point informational video on youtube without the self promotion/hype/subscribe and like bs. Keep up the good work!
@DiamondNestEgg
2 жыл бұрын
You’re very welcome & thanks for subscribing! 😀
@jaysant6958
Жыл бұрын
19:46 $1k invested into the S&P 500 once every decade starting in 1960 would be worth almost half a million dollars today?? Mind blown! Id need to double check this too. There must be many millionaires from that time if true!
@MsTubbytube
Жыл бұрын
I tried putting some of my tax refund towards an I bond by asking tax preparing to deposit money to my Treasury Direct account, but they told me the only way they cold use the tax refund for I bonds was to get me a paper certificate.
@chrisniner8772
2 жыл бұрын
I put 50 grand in TIPS in my fidelity ira account about 18 months ago. It is DOWN about 3 percent. I am unclear why a nearly 10 percent inflation rate and it loses 3 percent . The only reason I haven't pulled the money is a lack of good options.
@DiamondNestEgg
2 жыл бұрын
Unlike I-Bonds, TIPS trade in the secondary market like "normal" bonds, so as interest rates go up, TIPS prices falls.
@secureinvestmentsUS
2 жыл бұрын
Great job on this video!
@bartpatel2787
2 жыл бұрын
Thanks Jennifer for all your research and information. We recently set up linked accounts for our minor children with your video help. Great discovery on the loophole too.
@peters3362
Жыл бұрын
Still same view now that real TIPS rates are positive?
@DiamondNestEgg
Жыл бұрын
For my personal portfolio, yes.
@peters3362
Жыл бұрын
@@DiamondNestEgg thanks for replying. Have not thought about it too much but is seems like if you buy a 1 yr TIPS on the secondary market you get about 1.6% "fixed rate" vs 0 on IBONDs. PS: I am glad I got my IBond gift order in earlier this week, as treasury site seems down now!
@frankmantione3268
2 жыл бұрын
Jennifer I am not kidding when I say THANK YOU SO VERY MUCH. EVEN AT 70 I still have alot to learn. STAY WELL FRANKIE LONG ISLAND
@DiamondNestEgg
2 жыл бұрын
Thanks Frankie - very happy that you found it helpful!!
@denz3270
2 жыл бұрын
Hi Jennifer, thanks for the great info. Do I understand you correctly: you and your husband can legally gift I-bond to each other?
@DiamondNestEgg
2 жыл бұрын
Yes, that's what we did based on our reading of the code. There are some things you should look out for/ be aware of when you do this though. This video will walk you through all of that as well as how to do it, step-by-step: kzitem.info/news/bejne/w4mlwH6AsqKEdIY
@9-1-juan6
2 жыл бұрын
@@DiamondNestEgg so this means a combined total annual purchase of $40K for my spouse and I right?
@davidpitcher3054
2 жыл бұрын
Thank you, Jennifer! What is difference between TIPS and T-bills. Would it be a good idea to diversify between I-Bonds, TIPS, and T-Bills?
@DiamondNestEgg
2 жыл бұрын
On the most basic level, TIPS & I-Bonds are inflation-adjusted & T-Bills are not. I'll be doing some T-Bill videos shortly.
@monicaolguin1858
2 жыл бұрын
What is the soonest that I can make a second purchase of I bonds 10000. ? I purchased my limit beginning of September 2022. Can I get another 10,000 worth of I Bonds again in Jan of 2023?
@DiamondNestEgg
2 жыл бұрын
Yes
@bobneedham6224
Жыл бұрын
My wife and I have a revocable trust. We planning on putting the max out individual contributions. Can we invest another $10,000 in a Treasury Direct account for the trust? We file jointly, and the Trust does not have its own tax ID #. I believe my SS # is the one identified with the trust. Also can you ID beneficiaries in the Trust Direct account?
@DiamondNestEgg
Жыл бұрын
Yes, you can - here's our how to buy I-Bonds with your trust video: kzitem.info/news/bejne/mIWNzZaZnJelqW0 You cannot add beneficiaries to a TD trust account.
@evelynhome2938
Жыл бұрын
hi Jennifer i purchsed 4000 thousand I bonds two weeks ago 10/15/22 im tryiing to buy more from tresury direct but the website site has been down for the last week Any suggestions? Is it do to the inflation rate heading to 12.2 in November?
@DiamondNestEgg
Жыл бұрын
The updated prediction is 6.48%. Here’s the latest video: 6.48% November 2022 I Bond Rate | How Much Could You Earn kzitem.info/news/bejne/wKJo2Z2lpJiqoqA
@theadventuretravelchannel
Жыл бұрын
I like your videos. An easier way to get $20k ibonds per year is just buy it through your business which has its own EIN, you make a separate treasury direct acct for it.
@DiamondNestEgg
Жыл бұрын
Thanks for sharing!
@DrPeterkuah
2 жыл бұрын
Thanks Diamond Nestegg. I have started to buy treasury bills and I-bonds after watching many of your great videos. It is much faster than reading the website itself.
@DiamondNestEgg
2 жыл бұрын
Happy to hear that you are enjoying the tutorials!
@cchat3491
Жыл бұрын
I'm now leaning more towards TIPs as an inflation hedge. I like the unlimited amount you can purchase and the breakeven rate on the 5 year only being 2.7% seems like a good bet at this time.
@DiamondNestEgg
Жыл бұрын
Thanks for sharing
@evelynhome2938
Жыл бұрын
Hi Jennifer i bought 4000 in I bond on 10/15/22I have been trying to purchase more but the website is down any suggestions?
@DiamondNestEgg
Жыл бұрын
Please see the latest community post about the TD site
@heavymike3248
2 жыл бұрын
Wow. Great info. Clear and concise. Thanks so much.
@DiamondNestEgg
2 жыл бұрын
You’re welcome!
@ianberman6486
Жыл бұрын
If the TIPS interest rate is the interest rate of the comparable 30 year bond at issue MINUS the expected inflation rate, doesn't that mean the TIPS bond is inversely correlated to Inflation, not protected against it? Your example says 2.33% yield (I would argue that is the coupon rate or interest) on the 5 year bond MINUS 3.65% expected inflation providing a combined interest of -1.32%. kzitem.info/news/bejne/w3-nnoyOqGaHmaQ Therefore, if inflation is higher, the interest rate would be even lower. E.g., 2.33% MINUS 7% expected interest would provide -4.67%. Perhaps I am misunderstanding you, but an explanation would be appreciated.
@HB-yq8gy
Жыл бұрын
Thank you Diamond! We did each yesterday wife & I $10,0000 purchased & $10, 000 each put in gift box. Your videos were are best gov should hire you! We had no problems with treasury direct now we gotta add beneficiaries for our individual purchase. However, our gifts has POD beneficiares.
@daves2520
2 жыл бұрын
Excellent presentation, thank you.
@DiamondNestEgg
2 жыл бұрын
You’re welcome - glad you enjoyed it!
@danbrown6072
Жыл бұрын
Isn’t a big difference the fact that if you bought I bonds on Oct 28, you know the rate you are getting for next 12 months. But for TIPS, you only know the rate for next 3 months since TIPs regency CPI is only a 3 month lag. And we know there was no inflation for 2 of 3 prior months. So TIPs weren’t better than I bonds in October, even without the fixed interest rate.
@papigus5027
2 жыл бұрын
You are an excellent content creator!
@usinebob
Жыл бұрын
Great video…I am just seeing this video 8n October. Is this a good time to buy bonds?
@DiamondNestEgg
Жыл бұрын
We’ve bought some T-Bills if you’re interested in this video: Treasury Bills 2022: How To Build A T-Bill Ladder (Bond Ladder | CD Ladder) kzitem.info/news/bejne/wJWl16qarX6gnHo
@robinlowe9431
Жыл бұрын
Is there a secondary market for I-Bonds? It is a 30 year Treasury and how do I cash out before maturity?
@DiamondNestEgg
Жыл бұрын
No - you redeem it in your TD account after the minimum holding period. Just take note of the early withdrawal penalty if holding for less than 5 years.
@thomasg1323
2 жыл бұрын
Hello Jennifer, thank you so much for the great video. Very informative. Just subscribed.
@DiamondNestEgg
2 жыл бұрын
Thanks - glad you enjoyed it!!
@alliesteamc3546
Жыл бұрын
F9r l to 3 month time spa which is better?
@DretFosria
Жыл бұрын
Really well-organized video. Thank you so much for all the tips!
@lyny8444
2 жыл бұрын
Can you buy I bond as a gift to each of your kids to fund their education in the future?
@DiamondNestEgg
2 жыл бұрын
You can do that or you can open up a minor-linked account within your own TreasuryDirect account for a child under 18 and buy it directly in their name. I actually have a video coming out on this in the next few days because there are certain legal, tax & financial factors you should take into consideration when doing this.
@dazedhavoc
2 жыл бұрын
You're the best!
@frito2lay
2 жыл бұрын
I received a tax refund but didn’t request to buy additional i bonds when I filled so the money came to me is there anyway I can still buy.the extra 5k
@DiamondNestEgg
2 жыл бұрын
Unfortunately not - we made the same mistake with our refund a few years back & were told by our accountants that there was nothing to be done except overpay for the following year & complete the proper forms when we submit our refund/ extension. Having said that - here's a way I discovered recently to properly buy more I-Bonds - see if this might help you: kzitem.info/news/bejne/w4mlwH6AsqKEdIY
@frito2lay
2 жыл бұрын
@@DiamondNestEgg thanks for your reply.
@vac2695
2 жыл бұрын
Hey, I file tax jointly but my spouse has ITIN no ssn, how do we open her account and invest in ibond? Site does not accept ITIN but we are legal residents tax filer jointly.Thanks
@DiamondNestEgg
2 жыл бұрын
According to the TreasuryDirect site, you must have a Social Security Number and meet any one of these three conditions in order to purchase an I-Bond as an individual: 1) United States citizen, whether you live in the U.S. or abroad, 2) United States resident or 3) Civilian employee of the United States, no matter where you live. You can reach out to them at Treasury.Direct@fiscal.treasury.gov to see if there's a workaround. You can also use Form 8888 to buy up to $5,000 of I-Bonds with your tax refund (you're allowed the lesser of $5,000 or whatever your tax refund amount is using this purchase method).
@thomasjensen6243
2 жыл бұрын
Just have your spouse apply for their social security number....it's very easy and free.
@dilks9730
2 жыл бұрын
Thanks for your very nicely explained differences! A question regarding #8 return of principal. You mention that for I bond if we withdraw money before maturity we will get back our principal. Don't we get back the principal and interest?(understand 3 most interest less if less than 5 years) . What's the point of 30 years maturity ? Thanks
@DiamondNestEgg
2 жыл бұрын
The comparison was to TIPS, where you don’t necessarily get back your principal if you sell in the secondary market.
@dilks9730
2 жыл бұрын
OK thanks but we do get back the principal with interest maybe reduced by 3 months after the first year. Is that right? Thanks
@DiamondNestEgg
2 жыл бұрын
For I-Bonds, when you cash out, you get back your principal + interest - the last 3 months‘ interest if you redeem within the first five years.
@dilks9730
2 жыл бұрын
@@DiamondNestEgg HI Jennifer thanks for responding and clarifying. Your videos are very informative and very helpful. All the best wishes to you and your channel. Regards
@Partial_Rapture
Жыл бұрын
Thank you for explaining why my TIPS are tanking. When I call E*TRADE - I get a poor explanation.
@DiamondNestEgg
Жыл бұрын
Glad you found the video helpful
@johnhenderson7081
2 жыл бұрын
So what I understand about I-Bonds...If my wife and I each purchase a $10k bond before end of April, we will get 7.12% for the next 6 months, then 9.62% projected rate for the following 6 months? Is there a calculator to determine how much interest would be on this purchase of each bond? Thank you!
@DiamondNestEgg
2 жыл бұрын
Yes to your 1st question. Regarding your 2nd question, there isn't a calculator that will actually give you this number - this is the closest one that TreasuryDirect offers on their site: www.treasurydirect.gov/BC/SBCGrw, but it's not very flexible. I've calculated this interest amount already though in this video (around minute 4:30): kzitem.info/news/bejne/uIJ906CwapuDa5w
@johnhenderson7081
2 жыл бұрын
@@DiamondNestEgg Saw the video and thank you very much.
@dbreardon
2 жыл бұрын
Bought 10K in I bonds a few days ago. Still don't understand TIPS very well. It sounds like you are saying that if you buy a TIPS you get a certain percent of interest....$1000 purchase + 7% interest = $1070 after one year. But during that time, your principle may also drop 2%. So, if that happens you would get back $980 in principle (basically your purchase, less 2% or $980) but you still get your 7% interest ($70 or there abouts since the purchase dropped in price by $20). So the final amount you would end up with if you cashed out after 12 months would be somewhere around $1050. Is that correct?
@DiamondNestEgg
2 жыл бұрын
Not quite - just remember that the principal, and therefore, your interest payment get adjusted based on inflation, as described in the video. What you get back when you redeem depends on whether or not you're holding your TIPS to maturity: you’re guaranteed to get back your principal (or whatever the inflation-adjusted principal is if that's higher) when you hold your TIPS to maturity. BUT if you don't hold your TIPS to maturity - if you sell them early - you get the market value, which can be higher or lower than your original investment.
@RussAbbott1
Жыл бұрын
Your gift technique for buying more than the yearly $10,000 I-bond limit doesn't help when the recipient is also maxing out their I-bond purchases. In that case, do the gift I-bonds simply sit in your gift box forever--or until the recipient dies and stops buying their own I-bonds? Suppose you and your husband buy your own $10,000 each year and also buy $10,000 of gift I-bonds for each other. After, say, 30 years you both die. What happens to the $300,000 of gift I-bonds you each have in your gift boxes? Do your estates get them all at once, or are they distributed only $10,000 per year. In that case, it will take another 30 years for the estates to receive them all.
@DiamondNestEgg
Жыл бұрын
As I understand it, the strategy has worked for many of our YT community members interested in grabbing the 7.12 & 9.62 rates, when done as outlined in our gifting videos. Having said that, everyone’s financial journey is different. If it doesn’t work for you, then you shouldn’t do it.
@erich5795
2 жыл бұрын
Hi Jennifer, Brilliant, I love this channel. I have been watching your videos for about 6 months now and love them, they do describe, very well, well how to deal with IBonds and TIPS (My current interest). I do have 2 questions though, if I may? I have placed 10k in my gift box for my wife this year as beneficiary, is this the maximum I can put in the gift box for this year? (We have no children). At the start of 2023, I will have more than 10k in my gift account, as it will have earned interest, so can I put the 10k plus the interest into my wife's account or only the 10k?
@DiamondNestEgg
2 жыл бұрын
1. Here's the update that I posted earlier this week on this: kzitem.info/news/bejne/rnme3Jigg3x5ZKA 2. As the rules stand now, you can transfer her the face value of $10K & she gets the $10K plus interest
@netizencapet
2 жыл бұрын
Due to early withdrawal penalty of I-bonds, I wasn't convinced until you got to the part about TIPS having no negative inflation floor (!), so the government could take your money if they say deflation has occurred. Then again, that hardly ever happens...the examples you cited were exceptional. However, can you address RATE RISK (holding lower interest treasuries when a new higher rate is issued by the Fed such has been occurring recently)? Since this is a present and real concern, are there disadvantages to holding I-bonds versus holding TIPS, which one could roll over into new TIPS (or I-bonds) issued at the higher interest rate without incurring penalty (other than tax)? Please address gaps or errors in the formulation of my question. You briefly touch on this concept but don't talk about rollover cost/benefit. Thanks!
@DiamondNestEgg
2 жыл бұрын
If you hold your TIPS to maturity, you will always get back at least your principal investment amount so the government can't just "take your money if they say deflation has occurred." And thanks for the video idea on interest rate/ reinvestment risk - I'll add it to our content list.
@Blaise1118
2 жыл бұрын
Your videos are great! I'm learning so much! Thank you!
@webdirector2112
Жыл бұрын
love your videos. you explain things very well and very thorough and very easy to understand thank you for your efforts!
@zvxcvxcz
2 жыл бұрын
TIPS ETFs aren't actual TIPS though. They're a fund that mimics TIPS behavior and (probably) hold lots of TIPS to do that. You can buy actual TIPS at Treasury auctions, either from Treasury Direct or through a broker, you will always pay full price for them at Treasury Direct while you might get them at a discount through the broker (they are allowed to underbid the auction at the risk of not getting them). Of course you know this, I just thought it might not have been a crystal clear distinction for some watchers.
@DiamondNestEgg
2 жыл бұрын
That's correct, TIPS ETFs hold mostly TIPS with varying maturities. Thanks for the additional info.
@kevinmcquown
Жыл бұрын
Also, a little confused about the i-bond composite rate calculation. Everyone states that i-bonds are a good hedge against inflation but given the formula for computing the inflation rate component of the index, we are actually looking at change over the last 6-month period. Wouldn't that mean that, hypothetically, if the CPI went to 10% and stayed there for a year, ie. no change, the inflation rate component would be 0? And since the fixed component is currently 0, your bond, if kept, would give you 0% during a 10% inflationary period. I must be miss understanding something.
@DiamondNestEgg
Жыл бұрын
You are correct, if CPI-U remains unchanged for six months & the fixed rate is 0%, then the I-Bond rate would be 0%.
@dtom1145
2 жыл бұрын
Ms. Lamer, thank you for some great vids on I bonds and investment strategies! Clear and insightful!
@motowncooking6125
2 жыл бұрын
Can I buy additional I bonds for my daughter which is a minor? I was thinking about getting one as a gift then when the 5 years is up use it to buy her a car. I'm actually thinking about doing it for all my children that are minors
@DiamondNestEgg
2 жыл бұрын
Here's the video on how to buy I-Bonds for your kids: kzitem.info/news/bejne/uqJ7mYmuqJeSm2k
@heleneshomes
2 жыл бұрын
Is the gift idea limit to $10K per recipient PER Year? In other word, you can buy another gift for your husband again next year if you want?
@DiamondNestEgg
2 жыл бұрын
Would suggest watching the latest gifting update: kzitem.info/news/bejne/rnme3Jigg3x5ZKA
@zvxcvxcz
2 жыл бұрын
Hmm, the gifting is interesting, it makes sense if there is a year they would not want to buy I-bonds in the relatively near future. The 10,000 limit is on the initial amount, ... or could it be when they acquire it, which might force them to receive a 10k initial gift over two years, as the accrued interest would have put them over 10k? If it is on the initial amount, then they are sort of backdating the TIPS value, which seems strange.
@DiamondNestEgg
2 жыл бұрын
It's on the initial face value of the purchase. If you want more details, here is the video on I-Bond gifting: kzitem.info/news/bejne/w4mlwH6AsqKEdIY
@brianwang9730
2 жыл бұрын
12 Months, with early redemption penalty of last 3 months interest if you redeem within the 1st 5 years.
@DiamondNestEgg
2 жыл бұрын
I just answered this in your comment on another video.
@kaimoenck3154
2 жыл бұрын
If you die without delivering money in your ‘gift’ account, what happens if that money exceeds the i bond annual limit for the giftee?
@DiamondNestEgg
2 жыл бұрын
Please see the pinned comment at the very top of this video: kzitem.info/news/bejne/w4mlwH6AsqKEdIY Point 2- when you go to the ECFR link, it’s point c.
@ritachou589
2 жыл бұрын
Thank you for this amazing sharing! One Q: Only US citizens can buy I bonds? Can US resident buy as well?
@DiamondNestEgg
2 жыл бұрын
You're welcome! If you have an SSN & are a US resident, you can buy an I-Bond. Here's more info from the TD website: www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_ibuy.htm
@maxgomez256
2 жыл бұрын
Nicely done. Can I Bonds be purchased using EINs owned in additional to your SS number?
@DiamondNestEgg
2 жыл бұрын
If your question is - can I set up one TD entity account (e.g. business, trust, etc) with either my EIN or my SSN, the answer is - if you have an EIN, that is what you should use. If not, use your SSN. If the question is - my company has an EIN, can I set up TWO TD accounts for the same company, one with the EIN & one with my SSN, the answer - as we read it - is no
@adange11
Жыл бұрын
Love all the videos. You are impacting so many people in a positive way. Can you provide a video in near future on how to save taxes for higher education when you purchase ibonds. I started poor in my life but want to give head start to my kid. Thank you!
@DiamondNestEgg
Жыл бұрын
Noted!
@toddgoldman7695
2 жыл бұрын
Fantastic videos & presentations. Would you do a video on Floating Rate Notes (FRN)
@DiamondNestEgg
2 жыл бұрын
I’ll put it on the list!
@theworkinginvestor
2 жыл бұрын
Fantastic video!
@DiamondNestEgg
2 жыл бұрын
Thanks - glad you enjoyed it!
@jasonbusta640
2 жыл бұрын
Good content. Thank you for the info.
@DiamondNestEgg
2 жыл бұрын
You’re welcome!
@carlosr6597
2 жыл бұрын
That loophole is awesome. I didn't quite get the TIPS explanation and why it's bad. I think it was potential negative yield if not held to maturity.
@DiamondNestEgg
2 жыл бұрын
We just personally don’t like the negative yield if not held to maturity. TIPS are not bad, especially if you have way more cash to inflation-proof than you can reasonably put into I-Bonds. It’s just important for people to understand the implications for selling in the secondary market. If you hold 30-year TIPs to maturity, it would be similar to holding I-Bonds to maturity (except for the tax aspect)
@mmane257
2 жыл бұрын
thanks for your information.
@johnc9497
2 жыл бұрын
What would happen to TIPS if the FED pauses?
@DiamondNestEgg
2 жыл бұрын
Nothing directly - it depends on where inflation is.
@RP-dw9yx
2 жыл бұрын
If I buy a $10000 I bond in August, can I buy another $10000 in January? Treasury Dept says “calendar year”.
@DiamondNestEgg
2 жыл бұрын
Yes
@RP-dw9yx
2 жыл бұрын
Thank you very much. Love your videos.
@donking6996
2 жыл бұрын
very informational video. Thank you very much
@DiamondNestEgg
2 жыл бұрын
Glad you enjoyed it!
@rodneyrchicago
2 жыл бұрын
How do you add a beneficiary once you've set up your ibond? thank you.
@DiamondNestEgg
2 жыл бұрын
Here are the step-by-step instructions: kzitem.info/news/bejne/lmdmv2R6bpqgiaQ
@2weird4m3
2 жыл бұрын
Thank you for the info
@DiamondNestEgg
2 жыл бұрын
Your welcome!
@frankielau6511
2 жыл бұрын
As for TIPS, is there any penalty if I sell the TIPS say 5 years after for a 10 years TIPS?
@DiamondNestEgg
2 жыл бұрын
There’s no penalty in the classical sense after the minimum holding period of 45 days if you purchase through TD, but if you’re selling before maturity in the secondary market, you’re getting whatever the market is willing to pay.
@RogerArm231
2 жыл бұрын
Thanks!
@DiamondNestEgg
2 жыл бұрын
Welcome - glad you found it helpful!
@shafferl56
2 жыл бұрын
I just bought I bonds. So the current 9.62% interest on an I Bond is not considered an annual rate? But that I will make 9.62 % on my investment in just the first 6 months. With that, you're saying that I have to add the new interest rate in November 2022, to get my total annual percentage payout?
@DiamondNestEgg
2 жыл бұрын
Correct - the 9.62% is the annualized rate TD quotes, but it changes every six months. Here's the section from our I-Bond basics videos that walks through this: kzitem.info/news/bejne/wpqw06OumJFjrYI
@shafferl56
2 жыл бұрын
@@DiamondNestEgg So if it is an annualized rate, and say the rate this November goes to 5%, wouldn't I average 7.16% for the first year? (9.62 first 6 months+ 5 second 6 months = 14.32/2 = 7.16%) Or would it just be (9.32 + 5) a 14.32% return like you mention in the video?
@DiamondNestEgg
2 жыл бұрын
@@shafferl56 If you assume the annualized I-Bond rate goes to 5% at the November rate reset, what you would get is (9.62 / 2 for the first six months) + (5.00/ 2 for the second six months)
@mikedonahue644
2 жыл бұрын
Jennifer, excellent info and presentation! if a spouse dies and there are I-bonds still in the gift box, what are the next steps? is it possible to unwind / reverse the transaction with treasury direct? Thx, mike
@DiamondNestEgg
2 жыл бұрын
Thanks Mike! All the details to your question are at this video: kzitem.info/news/bejne/w4mlwH6AsqKEdIY Check out the pinned comment at the very top about FAQs. It's point 2: death of gifter/ recipient.
@carlbartels1779
2 жыл бұрын
Hopefully there isn’t a gift tax?
@DiamondNestEgg
2 жыл бұрын
Between spouses, typically no - but for non-spouses, if you gift more than $16K in 2022 to one person, you would need to file a gift tax return. There’s also a limit for non-US spouses. You can find more info here: www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes-for-nonresidents-not-citizens-of-the-united-states
@slater1182
2 жыл бұрын
Why is the TIP etf down 10%for the year?
@DiamondNestEgg
2 жыл бұрын
I don’t know which TIPS ETF you are referring to, so can’t say for sure - but if I had to guess, I’d say it’s probably due to rising interest rates.
@edsteadham4085
2 жыл бұрын
Love you videos. One small nit. You don't need the music. Your work is meat and potatoes and all good. You need the music the way prime rib needs ketchup. But that is ONLY criticism.
@DiamondNestEgg
2 жыл бұрын
People eat prime rib with ketchup?! On a serious note - we’ve taken care of that. The newer videos only have music in the first and last 20-ish seconds.
@edsteadham4085
2 жыл бұрын
@@DiamondNestEgg yes I was paying you a compliment. Your videos need background music like prime rib needs ketchup!
@DiamondNestEgg
2 жыл бұрын
@@edsteadham4085 thanks, I know! That was my attempt at a joke BEFORE coffee.
@200Nora
Жыл бұрын
Can I buy TIPS into a Roth IRA?
@DiamondNestEgg
Жыл бұрын
Yes
@200Nora
Жыл бұрын
@@DiamondNestEgg Thanks
@mjoygreen6592
2 жыл бұрын
If your 1000$ TIP is worth 1076 after one year ,does the principal that you earn interest on stay at 1076, or does it revert back to the $1000 to figure your next 12 months principal??
@DiamondNestEgg
2 жыл бұрын
The principal on TIPS is adjusted every six months based on the inflation rate & the semi-annual interest payment you receive is calculated using this inflation-adjusted principal multiplied by the fixed rate on your TIPS.
@mjoygreen6592
2 жыл бұрын
@@DiamondNestEgg AND THE interest payment is added to the principal? thanks
@DiamondNestEgg
2 жыл бұрын
No, it pays interest out every six months to you - it’s not added onto the principal. Here’s more info from the TD site: www.treasurydirect.gov/indiv/research/indepth/tips/res_tips_rates.htm
@joedyer1785
2 жыл бұрын
Thanks
@DiamondNestEgg
2 жыл бұрын
You're welcome!
@minghuilu7579
2 жыл бұрын
Great job 👏 thanks
@jbflores01
2 жыл бұрын
Great info!
@l.a.rivasesq.8841
2 жыл бұрын
Excellent content and presentation. I’m now a subscriber.
@DiamondNestEgg
2 жыл бұрын
Welcome!
@benjibumble
2 жыл бұрын
Any other suggestions for 5-10 year saving options?
@DiamondNestEgg
2 жыл бұрын
We’re working on some stuff for after the summer - stay tuned!
@manojdaruka
2 жыл бұрын
Excellent presentation and extremely clearly explained. I will be also looking out for more 5-10 yrs savings options.
@Andformerthingshavepassedaway
2 жыл бұрын
How often donfhe Dividends from tips get deposited to your brokerage of checking account?
@DiamondNestEgg
2 жыл бұрын
TIPS pay interest every six months
@Andformerthingshavepassedaway
2 жыл бұрын
@@DiamondNestEgg Thankyou soooo much for awsering had a 300k growth account cashed it in doing my own/Dividend/Bond/ high yield savings thing now and don't like asking brokers can I recieve those into my Scwabb account every six months?, thankyou so much for awnseing lotta scammers on KZitem used to just be a coin guy, always looking for someone to give me like a one or 2 hour one time tutoring lesson if you know anyone who wants to make a couple hundred bucks, via phone of course moving kinda quick as in a bartender opening a new restaurant in 10 days
@Andformerthingshavepassedaway
2 жыл бұрын
@@DiamondNestEgg And buy coins I mean like silver coins numismatists not crypto
@Andformerthingshavepassedaway
2 жыл бұрын
@@DiamondNestEgg Your sooo awesome thanks for awnsering, I'm subbed liked, Commented and I'll share, hope my wife will watch 😉, as someone who wasn't a good student there's not many good teachers out their, maybe youtube but not at these brokerage firms or God-forbid banks at least
@daisyreinacher5022
2 жыл бұрын
Great job!
@garfield8900
2 жыл бұрын
You have an impeccable command of English grammar BTW! Thank you for the Information. I’ve only been getting about 5 dollars a month interest on $17,000 balance on my capitalone mm account. I’m moving to I bonds immediately.
@jamesec1949
2 жыл бұрын
A speaker who constantly gestures with hands is difficult to watch and listen to.
@DiamondNestEgg
2 жыл бұрын
Noted
@davidpitcher3054
2 жыл бұрын
@@DiamondNestEgg e.g. My Pillow guy
@paulinedengler6465
2 жыл бұрын
Thank you so much for such invaluable information and for explaining everything so clearly.
@poppingirl23
Жыл бұрын
Hi Jennifer thank you for the video! Learning so much from every video you do. For TIPS, if I buy through fidelity or directly through Treasury direct, do they send you a form that shows you the taxable interest income to put in your tax return even if you don't sell it in that year?
@DiamondNestEgg
Жыл бұрын
You're welcome! You'll get both tax forms even if you do not sell during the year. With TD, you need to download them yourself though.
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