Podcasts Business Invest Like a Boss 252: Hedging Inflation Through U.S. I Bonds with Maggie Gomez

252: Hedging Inflation Through U.S. I Bonds with Maggie Gomez

Published: Oct. 27, 2022, 1 p.m.

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A timely topic we\\u2019ve been hearing about from listeners for months \\u2013 U.S. I Bonds. These are bonds issued by the U.S. Treasury to hedge against inflation and currently pay an incredible 9.62% rate\\u2026 but there are a lot of restrictions and time is running out! We invite CFP Maggie Gomez, aka Money with Maggie, to the show to break down the ins and outs of I Bonds. Then Johnny and Derek discuss if they think I Bonds are a good play or if your money is better served invested elsewhere.

Maggie Gomez is on a mission to help you feel strong and confident in your financial situation. Maggie\\u2019s professional experience in major brokerage firms made her realize that clients with less than 6 or 7 figures to invest weren\\u2019t getting quality attention from a financial professional. That left most people with nowhere to turn to manage their financial life and start investing in their future! So that is why she started \\u201cMoney with Maggie\\u201d

Experience:

  • CERTIFIED FINANCIAL PLANNER\\u2122 (designation received after a 12-month intense study program and 6-hour exam covering a full spectrum of financial planning topics)\\xa0
  • 8 years of experience working at Charles Schwab, Morgan Stanley, and E*TRADE
  • Held a FINRA Series 7 License (Stock Broker, i.e. I sold investment products)
  • Held a FINRA Series 66 License (licensed to offer investment advice)

Listen to ILAB 252 on iTunes here or subscribe on your favorite podcast app.

Where we are:

Sponsor:

  • Indeed
    Indeed knows that when you\\u2019re doing everything for your company, you can\\u2019t afford to overspend on hiring. Visit indeed.com/ILAB for more details.

Discussed:

Like these investments? Try them with these special ILAB links:

  • ArtofFX \\u2013 Start with just a $10,000 account (reduced from $25,000)
  • Fundrise \\u2013 Start with only $1,000 into their REIT funds (non-accredited investors OK)
    *Johnny and Sam use all of the above services personally.

Time Stamp:

  • 10:00 \\u2013 What is an I-Bond?
  • 11:11 \\u2013 What is the interest right now and how long are you locked in for?
  • 12:41 \\u2013 What do you expect the next interest rate to be?
  • 14:16 \\u2013 Is there a limit on how much you can purchase?
  • 15:26 \\u2013 Patreon question: Can you gift I-bonds to family members or friends?
  • 16:07 \\u2013 Patreon question: Is there any other way to purchase the I-Bonds other than the website?
  • 17:05 \\u2013 How often can you buy I-Bonds and can you buy more under other LLCs?
  • 18:05 \\u2013 Do you purchase I-Bonds and why?
  • 19:52 \\u2013 Why do you think no one talks about Bonds anymore?
  • 23:10 \\u2013 Do you have to be a US citizen to purchase the Bonds?
  • 23:35 \\u2013 Patreon Question: How is the rate calculated?
  • 24:18 \\u2013 Has it only recently become popular with your clients?
  • 30:48 \\u2013 What do you think the interest rate will be in October 2023?
  • 32:16 \\u2013 How do your clients feel about the stock market currently?

If you enjoyed this episode, do us a favor and share it! Also if you haven\\u2019t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!\\xa0

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