GlenDale

Thank you

Ok. That’s sort of what I was thinking (hoping) happened. I’ll have to do some maths work to figure out if that’s what actually happened. Thank you

I initially asked for clarity on the first post in this thread. Here’s what Kevin had to say back in April ‘22 The WSJ reports that based on today's CPI numbers, I-bonds purchased from May through October 2022 will pay 9.6% interest (up from the current already generous 7.12%). One can purchase up to $10k via TreasuryDirect.gov, plus up to an additional $5k if she chooses to receive a tax refund in the form of a paper I-bond. Kevin Slater your post doesn’t seem to jive with Kevin’s. This is what I’m trying to clarify

Thanks for that. I’m aware of the rules about cashing in before 5 years; I’m not planning to do that. the first bond I bought was on 7/1/22, the second bond, 2/1/23 if I understand you correctly, the bond I purchased on 7/1/22 should or should’ve earned that much higher interest rate. Yet as I look at my TD page, it indicates the IR=3.12%

Thank you for the response. I don’t think I ever saw those high interest rates applied so I’ll go back and check the history of each bond to verify. There’s this comment from an early thread that confuses me also: Important to note that the I bonds are a variable + fixed rate. The variable rate adjusts every 6 months. There may come a time in the coming years where it makes sense to cash in the bonds issued this year when the fixed rate exceeds the inflation rate. There's no penalty after 5 years. The 1 year to 5 year penalty is forfeiting the last 3 months interest.

I rejected the offer.

May I ask for some assistance in understanding this? I bought $10k bonds in 2022 and 2023. I just checked the balances this morning. one is at $11,200, the other $11,500. The interest rates shown are 3.12% and 3.27% How do my numbers jive with interest rates you’ve listed?

That’s good to know. Yes, the Palms is a very pleasant hotel. My last few visits were there instead of Rio, which was really hitting the dumps. My last visit, Palms “upgraded” me to a suite in the private condo tower which was very nice. funny that Rio has hit me with marketing pieces weekly for about a month now, offering me 4 free suite nights. I’m not chomping to return.

I haven’t been to Vegas for a couple of years. Pre-retirement I was there 2-3 times a year on business. Traveling from LA, and needing to get around from the casinos to World Marketplace, I opted to drive so I’d have my car for ease of transportation. I found myself staying at the “west side” hotels like Rio, Palms, etc because they had free parking. Is that no longer the case?

I sat through this presentation hoping I’d understand it but it’s a lot to take in. Much of it went over my head but I came away fearful of the state of our financial health. Maybe some of you guys will better understand it and make sense of what it all means to the individual small investor.

Very happy to say I am debt free. I made certain I entered retirement [2023) free and clear. no credit card debt, no mortgage. I use one credit card for all daily transactions because I get cash back rewards, and I pay it off each month in full. I’m averaging $180 per month cash back

I checked out his profile after seeing this post. He hasn’t stopped messaging me since. 😡

With newspaper visible for proof of date 🤣🤣🤣

Definitely put off by the name.

I’ve messaged with him when he was in West Hollywood recently. He’s made 2 or 3 trips here over the past year. yes he’s from Sydney, obviously. I think he looks delicious. The rate he quoted me was in keeping with what I guess is normal these days, nothing outrageous, but a bit high for me (I haven’t hired in several years). I can find my way to indulging, just want to make sure I’m not in for a disappointment.