In recent years, I Bonds saw a lot of adoption because inflation was high, and interest rates on other investments were pretty low. But in 2023 and 2024, the outlook for I Bonds is mediocre at best. With today's higher interest rates, other investments are looking more attractive. In this video, we share the guaranteed return you'll get if you buy Series I Savings Bonds in October 2023, and we discuss why it's not very exciting. Then, we explore the option of buying I Bonds from November 2023 through April 2024 — and why October 2024 will be particularly interesting to look at later. Finally, we talk about why we're redeeming all of the I Bonds we own right now, and what investments we're buying instead. Where to buy I Bonds: https://treasurydirect.gov More info on I Bonds: https://treasurydirect.gov/savings-bonds/i-bonds/ How to invest in index funds (which is a lot easier): https://www.tripofalifestyle.com/money/how-to-invest-in-stocks/ Best FDIC-insured high-yield savings accounts as an alternative to I Bonds: https://www.tripofalifestyle.com/money/high-yield-savings-accounts/ 0:00 - Introduction 01:25 - Don't Buy I Bonds in October 2023 02:50 - Why We're Probably Not Buying I Bonds through September 2024 03:54 - Dumping Our I Bonds (and What We're Buying Instead) #investing #finance #inflation ----- We're Lauren and Steven, and we followed some simple financial guidelines that allowed us to quit our full-time jobs forever by age 29. We created Trip Of A Lifestyle to share the knowledge that changed our lives for the better. All of our content is free. Get rich. Work less. Travel whenever. https://www.tripofalifestyle.com

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