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Reject the nickel and dime thinking of the masses.
Stop chasing home-run investments and use your billion-dollar mind instead.
Driven by fear, loss, and uncertainty of the future, the masses are bananas over I-Bonds. And recently, The U.S Department of Treasury announced that this inflation-protected and nearly risk-free investment would pay 9.62% Interest through October 2022. It’s the highest yield since being introduced in 1998.
But is that a good thing? Usually, when you break a record, the result is supposed to be better than anything else before. But in the I-bond, whose purpose is to allow investors to make only high enough of a return to fight off inflation, participants are not a single step closer to building wealth as their spending power remains the same.
However, Jay's fair brother, personal finance guru, and investor wanted you to buy as soon as possible because sources predict that inflation will decrease come October 2022 and that you will max out your gains by investing now. A semi-annual pay cycle and a 3–5 year probation contract have led millions to become hyper-active on what is supposed to be a passive investment.
