Munro Richardson

Comments:

• Yes, I bought IBIK for the first time in early July. David Enna's post on Tipswatch in late May informed my thinking. I plan to hold the 10 years to maturity. https://tipswatch.com/2024/05/30/ishares-launches-its-2034-target-date-tips-etf/

  Post: Question of Interest

  Link to comment from August 10, 2024

• One additional idea to deal with the annual $10,000 cap ($15,000 if you use your tax refund) on I bond purchases that I don't see mentioned often -- purchase I bonds as a gift today that will begin to earn today's interest rates to distribute as a gift in 2023. A couple could each buy $10,000 for themselves in 2022, purchase another $5,000 via tax refund, and buy $10,000 in gifts for the other spouse today to distribute to each other in 2023. That's $45,000 total. If for whatever reason interest rates stay at current levels (or go higher), they could delay the gift and purchase another $10,000. There is no timeline on distributing I bonds in your "gift box" in your Treasury Direct account. Summary of how this works is explained here: https://thefinancebuff.com/buy-i-bonds-as-gift.html Remember: the annual limit of $10,000 per person applies -- whether purchased or gifted.

  Post: How to Use I Bonds

  Link to comment from April 19, 2022

• iPhone SE first generation here. Purchased Thanksgiving 2016; replaced battery about four years later. Does everything I need. Will keep it until it no longer works--and then buy another lowest cost iPhone to replace. As Warren Buffett says, "price is what you pay, value is what you get."

  Post: Only an Eight

  Link to comment from March 11, 2022