Series I Savings Bonds Update

Market Minute

October 2022 – Scott Rosenquist, CFA®

U.S. Treasury Series I Bonds will reset their interest rate next month leaving investors until the end of October to earn 9.62% for the following six months. The rate applied to I bonds is based on the month it was issued and will change every six months going forward. The current rate is attractive relative to other short-term savings options. As of now, estimates for the new interest rate appear lower than 9.62% but we will see in early November. The fixed rate component is currently zero, so the entire interest rate is based on the inflation component.

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Better Than Most

Market Memo

September 2022 – By Kyle Rohrwasser

“I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.” – William E. Simon

The most recent example of the quote above was the liquidity provided by the Federal Reserve during the COVID pandemic through stimulus and PPP loans. There has also been a slow building of a swelling governmental budget and accommodative banking practices with the use of quantitative easing (increasing the money supply). This caused increased stock prices, home prices, more economic activity, in turn more jobs, etc.… all things Americans love! Now we face the reverse as the Fed will be restrictive for the foreseeable future.

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We Just Got Married, Now What?

September 2022 – Contributed by Vantage Financial

To any newlyweds reading this article, congratulations on taking the next step with your spouse!  This month’s edition is intended to get you thinking about how you and your spouse can begin to handle your financial affairs from a joint perspective, even if that means handling your finances individually.

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