I bought $10k worth of series i bonds 1 year ago! Here's HOW MUCH $ they are worth NOW!

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  • čas přidán 2. 08. 2024
  • Hello, in this video I will explain what i bonds are and why you would buy them. I also explain how the interest calculations work and what my bonds are worth 15 months later.
    THIS IS NOT FINANCIAL ADVICE!
    #ibonds #investing #jpow #gettingrich #moneyprinter
    Last October I bought $10k worth of series i bonds from the US treasury. After 15 months it is finally time to sell them!!! If you sell i bonds before 5 years time, you are penalized on the last three months of interest 😔. I wanted 1 year worth of interest, that is why I waited 15 months. The current rates for when I bought mine are 3.38% since mine had no fixed interest rate. My brokerage account pays 5% apy so I am going to transfer the money over there.
    Hope you enjoy this explanation and first hand view of "redeeming" the i bonds. The money will be in my bank account in 2 days! (from time of filming, it's already there)
    Happy New Year!! cheers to 2024!!
    Please consider subscribing and smash the like button if this video provides value to you!
    comment down below if you also bought i bonds. What are they worth now? how much do you own?
    thanks to @TimvanHelsdingen for the jpow money printer video:
    • Money Printer Go Brrr ...
    timestamps
    0:00-2:49 intro
    2:49 -6:53 rates
    6:53-12:27 interest calculations
    12:27-14:19 more about i bonds
    14:19-14:22 all hail jpow
    14:22-16:29 redeeming bonds
    16:29 final thoughts
    Cya around.
    links you might find helpful should these topics interest you;
    If you want to start an account here to buy treasury securities; (including i bonds):
    www.treasurydirect.gov/log-in/
    rates and explanation of calculations:
    treasurydirect.gov/savings-bo...
    rates chart:
    treasurydirect.gov/files/savi...
    Fed mins:
    www.federalreserve.gov/moneta...
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Komentáře • 5

  • @TritonTv69420
    @TritonTv69420  Před 6 měsíci +1

    This is not financial advice, just an educational video explaining i bonds and how much I earned in interest in the last year(well 15 months). Thanks for watching!

  • @johnnydoe9905
    @johnnydoe9905 Před 6 měsíci +1

    Nice vid! good information, thanks!

  • @JaytothaT42069
    @JaytothaT42069 Před 6 měsíci +1

    instructions unclear. currently 34 Trillion in debt