What is a stock and how does it work?
Buying stock can be a smart way to invest and, hopefully, make more money over time.
- Inflation savings bonds, called I Bonds, have two components: a fixed rate that remains with the 30-year life of the bond and a variable rate that adjusts each six months after you bought the I Bond.
- I Bond savers watch for news on inflation adjustments each May and November.
A new rate for I Bonds kicks off May 1 and a slight uptick in inflation will bring back a little more sizzle to a solid spot for extra savings.
The annualized rate for I Bonds bought from May 1 through Oct. 31 is expected to end up around 3.98%, according David Enna, who created the website Tipswatch.com in 2011 to track inflation-adjusted savings bonds and Treasury-Inflation Protected Securities, commonly called TIPS.
That combined rate for Series I U.S. Savings Bonds will apply for the first six months after you buy the bonds. After that,…
