Podcasts about i bond

A loaded Saturday release, we mock draft Dane Brugler's recent NFL Mock, Deeper Dive T Warren, Q Ewers, M Golden, I Bond, & G Helm, and review the NFC Southhttps://buymeacoffee.com/fantasyforreal - Donation LinkTIMELINE || Dane Brugler Mock Draft -- 1:30 || DEEPER DIVES || Tyler Warren -- 17:00 || Quinn Ewers -- 28:15 || Matthew Golden -- 45:15 || Isaiah Bond -- 58:30 || Gunnar Helm -- 72:00 || NFL REVIEW SERIES || NFC South -- 78:30 || Deeper Dive Video Links: Warren -- https://www.youtube.com/watch?v=-dMZviRamsk // Ewers -- https://www.youtube.com/watch?v=xF2x7bq9wUU // Golden -- https://www.youtube.com/watch?v=Ych9B5JD0ds // Bond -- https://www.youtube.com/watch?v=4S60H4xGcDo // Helm -- https://www.youtube.com/watch?v=6YqYq1p347Q This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit cjfreel.substack.com

Back in 2022 when inflation was through the roof, we were able to buy I Bonds, or inflation bonds, with a 9.6% return! Now though, the rate of return is just over 3%. In this video, Peter with Richon Planning and Erin Kennedy discuss whether investors should redeem those I Bonds and invest in something else. The short answer is yes. There are several places you can put your money right now that are considered "low risk" and still have a higher rate of return than 3%. That being said, if you sell your I Bond before its 5-year maturity date, you will lose the last 3 months' interest. If you'd like to crunch the numbers with Peter, and discuss alternate investments, please call (919) 300 - 5886 or visit www.RichonPlanning.com

Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what you need to know about Medicare Part D, how I-Bond rates have fluctuated since 2022, and how she feels the economy will perform under the next administration. And as always, Terry answers all of your financial questions.

#554: The U.S. jobs market hit a surprising speed bump in October, adding just 12,000 new jobs — way below the expected 100,000.  A mix of natural disasters and labor unrest explains the slump. Recent hurricanes in the Southeast wiped out somewhere between 40,000 to 70,000 jobs, while strikes at Boeing and other companies added to the slowdown. Against this backdrop, the Federal Reserve looks ready to cut interest rates next week by 0.25 percent. Meanwhile, gold is having its biggest moment since 1979, but not for reasons you might expect. Central banks, especially in China and India, are loading up on physical gold like never before. Poland's central bank has grabbed 167 tons of gold and wants to keep 20 percent of its reserves in gold — a move that hints at banks preparing for possible global shake-ups. Remember when I-Bonds were the hot ticket in 2022, paying out 9.6 percent? Those glory days are gone. The new rate has dropped to 3.1 percent, making your standard high-yield savings account look pretty good in comparison. In the stock market, it's all about the "Magnificent Seven" — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. These tech giants account for 62 percent of all S&P 500 gains over the past year. The other 493 companies aren't doing too shabby either, with profits expected to grow 13 percent next year. As for the upcoming election, both presidential candidates' economic plans would push the federal deficit higher. The Wharton School of Business says Trump's proposals would add $5.8 trillion to the deficit over 10 years, while Harris's would add $1.2 trillion. There's also talk about tariffs that could spark inflation and maybe even kick off a global trade war. Here's the kicker: during the 2016 election, a 24-year-old Sam Bankman-Fried correctly predicted the outcome before anyone else and made $300 million in a single night trading on that information. But by morning, the markets had swung so wildly that he'd lost $600 million.  The lesson? Even if you guess the election right, predicting how markets will react is a whole different ball game — one that you should avoid. Think long-term, buy-and-hold.  Timestamps: Note: Timestamps will vary on individual listening devices based on dynamic advertising run times. The provided timestamps are approximate and may be several minutes off due to changing ad lengths. 0:00 October jobs report falls short 3:42 Fed signals likely 0.25 percent rate cut next week 8:15 Gold prices surge to 45-year high 12:30 China and India lead global gold buying spree 18:45 I-Bond rates plummet from 9.6 to 3.1 percent 24:10 "Magnificent Seven" tech stocks dominate market gains 29:35 US economy outpaces Germany, other G7 nations 35:20 AI's transformative impact on Generation Alpha 42:15 Inflation risks and tariff concerns ahead of election 48:30 US deficit hits 6 percent, tops G7 countries 52:45 Wharton analyzes Harris vs Trump economic plans 58:20 SBF's $600M election night trading disaster Resources Mentioned Wharton's Trump Campaign Economic Analysis: https://budgetmodel.wharton.upenn.edu/issues/2024/8/26/trump-campaign-policy-proposals-2024 Wharton's Harris Campaign Economic Analysis: https://budgetmodel.wharton.upenn.edu/issues/2024/8/26/harris-campaign-policy-proposals-2024 The Economist, Editorial Board Endorsement: https://www.economist.com/in-brief/2024/10/31/why-the-economist-endorses-kamala-harris Bloomberg Endorsement: https://www.bloomberg.com/opinion/articles/2024-10-31/michael-bloomberg-why-i-m-voting-for-kamala-harris The Financial Times endorsement, which is unfortunately behind a paywall: https://www.ft.com/content/3db1db35-f536-4efc-b463-a1fc98a785b0  For more information, visit the show notes at https://affordanything.com/episode554 Learn more about your ad choices. Visit podcastchoices.com/adchoices

“And let us not grow weary of doing good, for in due season we will reap, if we do not give up.” - Galatians 6:9One Christian ministry has been doing good for nearly 150 years and shows zero signs of growing weary. Scott Collins joins us today to discuss Buckner International and its ongoing efforts to support foster care, adoption, and family outreach.Scott Collins is the Senior Vice President of Communications at Buckner International, an underwriter of Faith & Finance.A Legacy of Service Since 1879Buckner International, founded by R.C. Buckner 145 years ago with just $27 for its first orphanage, has grown into a multifaceted ministry dedicated to serving vulnerable children and families worldwide. One of their well-known initiatives is the Shoes for Orphan Souls program, which provides shoes to at-risk kids globally. However, Buckner's mission extends far beyond this.Current Ministry EffortsToday, Buckner International focuses on:Shoes for Orphan Souls: Providing footwear to children in need.Foster Care and Adoption: Finding loving homes for children.Family Outreach: Supporting families to create stable and nurturing environments.Humanitarian Aid: Offering essential resources to those in crisis.Community Development: Building strong communities through various programs.Buckner's ultimate goal is to lead people to Christ. The Spirit of God is actively using its initiatives to inspire professions of faith, with numerous individuals committing their lives to Christ in the past year.How You Can HelpIf you're inspired by Buckner International's mission and want to support its efforts, visit Buckner.org and click “Donate.” Your contribution can help continue the transformative work Buckner is doing worldwide.On Today's Program, Rob Answers Listener Questions:Do I need a lawyer to draw up another deed to add transfer-on-death beneficiaries to our home deed since we own a home in Iowa?What do I do with an inherited IRA that my fiancée received after her father passed away? She is currently in Chapter 13 bankruptcy, and I was wondering if the IRA would be exempt from her creditors. I was also asking for advice on what to do with the funds once her father's estate is settled and she inherits more money once her bankruptcy is paid off.I have two private student loans totaling $70,000 with interest rates of 9.5% and 10.5%. Would it be wise to get a lower-interest personal loan or refinance the existing loans?I invested $10,000 in I-Bonds two years ago, specifically for my daughter's college. Since the interest rates on I-Bonds have dropped below 5%, is there another investment I could transfer the I-Bond money that would have a better return?Would it be reasonable for me to transfer my money management to a financial advisor in Florida? I recently moved to Florida from the northern United States, and my current financial advisor is still up north. Would there be any problems with transferring, and would transferring allow me the convenience of meeting with an advisor face-to-face by walking into their local office?Resources Mentioned:Buckner InternationalGiveShoesToday.orgRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor (CKA) or Certified Christian Financial Counselor (CertCFC)FaithFi App Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

The treasury department released the new I Bond rates today. They came in at 4.28%, which included a fixed rate of 1.30%, unchanged from the previous six months. https://treasurydirect.gov/savings-bo...Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

Gene and Alyssa answer buckets o' questions: Is it ok with the IRS if business owners just pick their salaries? What is the penalty if you need to cash in an I-Bond early? How do mutual fund or exchange traded funds impact the returns an investor might see? If most of your assets are in IRAs should you also set up a trust for your kids? Lots more . . . Free Second Opinion Meetings Meet with a More than Money advisor to review your entire financial picture or simply project your retirement Meet with our Social Security partner to plan the best S/S strategy for you Meet with our estate planning attorney partner to review your estate plans – if you have any Meet with our insurance partner to review your life or long term care coverages Discover how to have your 401(k) professionally managed without leaving your company plan Schedule a free second opinion meeting with a More than Money advisor? Call today (610-746-7007) or email (Gene@AskMtM.com) to schedule your time with us.

Matt Bell is the managing editor at Sound Mind Investing and the author of several books on personal finance, including Money & Marriage: A Complete Guide for Engaged and Newly Married Couples. HOW DO INDIVIDUAL TEMPERAMENTS AFFECT MARRIED COUPLES' FINANCIAL MANAGEMENT?Understanding each other's temperament helps couples manage money together effectively since temperament influences how individuals naturally react to financial situations, bringing inherent strengths and weaknesses to money management.Temperament shapes our financial behaviors and preferences, influenced by upbringing and personal experiences.Knowing and respecting each other's temperament can lead to better teamwork in financial decisions.It's crucial to recognize that while temperaments have their financial strengths, they also come with challenges that can be managed through awareness and cooperation. WHAT ARE THE DIFFERENCES BETWEEN MEN AND WOMEN IN FINANCIAL PERSPECTIVES AND BEHAVIORS? Research shows men and women often have different financial priorities, emotions related to money, interests in financial topics, negotiation tendencies, and risk levels in investing, which can lead to conflict in marriages.Men and women have distinct spending priorities, with men favoring electronics and women preferring travel.Men associate money with confidence, while women tend to associate it with anxiety and confusion.Differences extend to financial interests and behaviors, such as investing versus saving strategies and openness to negotiating salaries. DO FINANCIAL OPPOSITES ATTRACT IN MARRIAGES ACCORDING TO RESEARCH?Research indicates that individuals often choose mates with opposite financial habits, such as spendthrifts marrying tightwads, which can lead to conflict but also complements each partner's financial behavior. Initial attraction may lead to choosing partners with differing financial habits, despite logical preferences for similarity.This attraction of opposites in financial habits necessitates understanding and cooperation to manage the inherent conflicts. HOW CAN COUPLES RECONCILE DIFFERENCES IN FINANCIAL TEMPERAMENTS AND HABITS?Understanding and accepting each other's financial temperament is key, with communication playing a crucial role in reconciling differences and managing finances as a team.Discovering and appreciating each other's financial temperament fosters empathy, reduces frustration, and enhances teamwork.Recognizing the strengths and weaknesses associated with each temperament allows couples to assign financial roles and responsibilities that play to each partner's strengths.Continuous learning and adaptation to each other's temperaments can lead to more effective and harmonious financial management. HOW DOES IDENTIFYING AND WORKING WITH EACH OTHER'S TEMPERAMENTS IMPROVE FINANCIAL MANAGEMENT IN MARRIAGE?Identifying and understanding each other's temperaments can greatly improve how couples manage their finances by maximizing strengths and minimizing weaknesses inherent to each temperament. This process encourages empathy and understanding, reducing blame and frustration over financial differences.By leveraging each other's natural tendencies, couples can create a more balanced and effective approach to financial planning and decision-making.Continuous exploration and appreciation of each other's temperament foster a collaborative environment for managing finances as a cohesive unit. ON TODAY'S PROGRAM, ROB ANSWERS LISTENER QUESTIONS:I'm retired and haven't made withdrawals from my 457 plan but am concerned about digital currency replacing the dollar. How can I protect my money?I want to save for a car for my grandson who will be driving in three years. Should I put the funds in a CD or a U.S. I Bond?My mother moved in with me, and we put my name on her accounts. As her primary caregiver, she intends for me to inherit her savings. Do we need to take any legal steps to ensure this? RESOURCES MENTIONED:Bankrate.com for finding the best CD rates Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network as well as American Family Radio. Visit our website at FaithFi.comwhere you can join the FaithFi Community, and give as we expand our outreach. Remember, you can call in to ask your questions most days at (800) 525-7000. Faith & Finance is also available on the Moody Radio Network and American Family Radio. Visit our website at FaithFi.com where you can join the FaithFi Community and give as we expand our outreach.

In this Suze School, Suze teaches about the key to attaining financial independence.  Two important questions for you to ask yourself about how you feel about money is the first step.  Plus, Suze gives an update to an I Bond answer from the last podcast. Get your savings going with Alliant Credit Union: https://bit.ly/3rg0Yio Get Suze's special offers for podcast listeners at suzeorman.com/offer Join Suze's Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

This Ask KT & Suze Anything episode is all about Series I Bonds.  KT asks Suze 12 of your pressing I Bond questions, so get out your Suze Notebooks for this important lesson. Get your savings going with Alliant Credit Union: https://bit.ly/3rg0Yio Get Suze's special offers for podcast listeners at suzeorman.com/offer Join Suze's Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download the app by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

Rich Spoiled Karen Meets Karma After Drunk Driving Accident EPIC AUDIO On September 8th, 2022, an officer was dispatched in reference to a car accident. The female was charged with DUI alcohol, failing to reduce speed to avoid an accident and improper lane usage. She was released on an I-Bond. True Cheating Stories 2023 - Best of Reddit NSFW Cheating Stories 2023

Jackie Campbell details how you may have unclaimed cash/assets waiting to be claimed and where to find it. Plus, if you are holding onto an I-Bond, is now the right time to cash it out or would waiting be more beneficial? Finally, how to properly secure your legacy while protecting your family.  For more information or to schedule a consultation call 727-334-0024 or visit www.mycampbellandco.com See omnystudio.com/listener for privacy information.

The evidence continues to show why most "expert" money managers fail to beat their benchmarks. Don and Tom share some powerful academic reasons why money managers (and you) are unlikely to beat the market over time. Plus, those once-hot NFTs have turned icy cold, losing billions of dollars. Then, we take some questions: Is the I-Bond early-withdrawal interest penalty from early interest or the latest amount? With Social Security in trouble, what is the best age to take withdrawals? Learn more about your ad choices. Visit megaphone.fm/adchoices

Rich Spoiled Karen Meets Karma After Drunk Driving Accident EPIC AUDIO On September 8th, 2022, an officer was dispatched in reference to a car accident. The female was charged with DUI alcohol, failing to reduce speed to avoid an accident and improper lane usage. She was released on an I-Bond. True Crime Podcast 2023 Police Interrogations, 911 Calls True Police Stories Podcast

One year ago, we highlighted a high return and low risk investment, Series I Savings Bonds (I Bonds), which were yielding an annualized 9.62% due to the high inflation rate in the United States. Since then, the inflation rate has decreased and the inflation component of the I Bond yield has declined to 3.38% as of May 1, 2023. As a result, investors have redeemed over $1.2 billion since the beginning of May. In this episode, we discuss the one-year return of I Bonds for those who invested last fall and consider whether now is the right time to redeem. If you are interested in revisiting I Bonds to see how the investment turned out and whether they remain a good option going forward, we think you'll enjoy this episode. Thanks for listening! For more detail about our I Bond discussion, check out our blog post covering the same topic at https://pw-wm.com/learn/investing/revisiting-i-bonds-is-it-time-to-redeem/.

Rich Spoiled Karen Meets Karma After Drunk Driving Accident EPIC AUDIOOn September 8th, 2022, an officer was dispatched in reference to a car accident. The female was charged with DUI alcohol, failing to reduce speed to avoid an accident and improper lane usage. She was released on an I-Bond.True Crime Podcast 2023 - Police Interrogations, 911 Calls and True Police Stories Podcast

Rich Spoiled Karen Meets Karma After Drunk Driving Accident EPIC AUDIOOn September 8th, 2022, an officer was dispatched in reference to a car accident. The female was charged with DUI alcohol, failing to reduce speed to avoid an accident and improper lane usage. She was released on an I-Bond.True Cheating Stories 2023 - Best of Reddit NSFW Cheating Stories 2023

Rich Spoiled Karen Meets Karma After Drunk Driving Accident EPIC AUDIOOn September 8th, 2022, an officer was dispatched in reference to a car accident. The female was charged with DUI alcohol, failing to reduce speed to avoid an accident and improper lane usage. She was released on an I-Bond.True Crime Podcast 2023 Police Interrogations, 911 Calls True Police Stories Podcast

Paul opens the show sharing a misleading article about how great I Bond returns are. Paul and Ira segway to discuss older workers who get stuck in dangerous jobs because of a lack of planning. Today, Paul and Ira try to paint a picture about how many workers age in jobs with modest wages and with working conditions that are tough for older employees because they don't have any other options. One of the biggest barriers to saving is not believing that you have enough income. Paul encourages everyone that when you start saving a little, you understand how to put yourself in better situations around money. Later in the show, Paul shares about billionaires selling their shares of stock and that it's not all what it seems.   For more information about what we do or how we can help you, schedule a 15-minute call with us here: paulwinkler.com/call.

Twelve months ago, I bonds were the security to purchase. As a refresher, I Bond rates get set at six-month intervals. Basically May to November and then November to the following May or April. A year ago at this time as inflation was raging, the treasury announced the rate on I bonds would be a 9.4% annualized rate of return, and of course that got everybody's attention. Join us as we discuss how the current interest rates and inflation is affecting I bonds and if they are a good investment or not. We talked last year at this time in our episode What is an I Bond? We wanted to make sure people understood what that 9.4% stated return really meant.  First of all, it's an annualized return and was only good for six months, not a whole year. So what you were really going to realize for your six months was 4.2%. When the new rates were announced later in the year it was a 6.89% annualized return from November to April. t The new rate has been announced at a 4.3% annualized return. That is for someone who purchases a brand new I Bond. So that bond is going to pay 4.3% for the next six months but it's annualized. It'll pay half that for the next six months and then it will change again. Dropping to 4 point 3 sounds like a drastic change and it is in a way. But if you're thinking long term, which we advise you do, these are really meant for folks that are parking money and cash for the long term not meant as a short-term cash holding that you're going to flip into something else. That whole nice big return was all a variable rate that changed now. Fast forward to this spring because interest rates are higher now.  The treasury sets a portion of that rate based on current interest rates and they set it at just shy of one. It doesn't sound like much but it's a 1 % guaranteed minimum that bond is going to pay you over its 30 years.  Whereas, last year the minimum rate was 0 effectively. So even though that variable rate is now lower because inflation is starting to come under control. Holding the current bonds over the long haul may actually be a better choice depending on what interest rates to inflation does in the meantime. About Shotwell Rutter Baer Shotwell Rutter Baer is proud to be an independent, fee-only registered investment advisory firm. This means that we are only compensated by our clients for our knowledge and guidance — not from commissions by selling financial products. Our only motivation is to help you achieve financial freedom and peace of mind. By structuring our business this way we believe that many of the conflicts of interest that plague the financial services industry are eliminated. We work for our clients, period. Click here to learn about the Strategic Reliable Blueprint, our financial plan process for your future. Call us at 517-321-4832 for financial and retirement investing advice.

In this week's episode, Markets Update: Inflation cools but recession looming? Empowering Education: The Big 5 Tech Stocks Intriguing Issues: The decrease in the I Bond rate

With savings rates up and I Bond rates headed down, Clark clears confusion on whether it's time to buy or sell Series I Savings Bonds. Also, the scales are starting to “tip” when it comes to gratuities. Being confronted with the tip option touchscreen guilt machine is hitting critical mass. Hear how Clark handles this.  I Bond Update: Segment 1 Ask Clark: Segment 2 The Ubiquitous Tipping Dilemma: Segment 3 Ask Clark: Segment 4 Mentioned on the show 5 Things To Know About Series I Savings Bonds / SavingsBonds.gov I Bonds rates in 2023 could be better now than in May Small Banks Are Losing to Big Banks. Their Customers Are About to Feel It.   HumbleDollar: Home / Investopedia Academy Schwab - Your U.S. Investing Education Center Vanguard - Education / Fidelity Learning Center Clark.com Investing & Retirement Target Date Funds: Clark's Favorite Retirement Investment IRS - Charities and their Volunteers Can You Deduct Expenses of Volunteering for Charity? Clark.com resources Episode transcripts Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

I bonds were one of the hottest investments of 2022. But lower interest rates have one listener wondering if they are still worth a spot in her portfolio? On this episode, I'll break down what I bonds are, why they took off in 2022, if they are still worth it in 2023, and potential investment alternatives. You will want to hear this episode if you are interested in... What is an I Bond? [1:40] Why I bonds were one of the hottest investments of 2022 [3:50] The benefits and restrictions of I bonds [5:55] How to buy I bonds [8:34] Are I bonds still a good investment? [9:55]  Exploring I bond alternatives [12:18] Breaking down I bonds Before we can determine if I bonds are still a sound investment in 2023, we need to understand what they are. An I bond is a U.S. government savings bond. Government bonds are considered one of the safest investments you can make because of the U.S. democratic system's stability and payment history. We have never defaulted on any of our payments. The “I” in I bond stands for inflation, and the interest you receive from the bond has two components.  The first part is a fixed rate determined when you purchase the bond. Currently, the fixed rate is sitting at 0.40%. The second part of the bond is tied to a measurement of inflation known as the Consumer Price Index Urban (CPI-U). Every May 1st and November 1st, an interest rate is determined for the I bond based on changes in the CPI-U over the previous six months. Adding both numbers together will determine what percentage of interest you will earn for the year. What are the pros and cons? There are several perks to investing in I bonds. You don't pay interest on the bonds while they are deferred. Meaning the interest that you receive just gets added to the value of the 30-year bond. They also typically have a higher interest rate than most checking or savings accounts. And if you use them for education, there is no federal tax on the interest you pay when you redeem them. However, I bonds do have their fair share of restrictions. One of the biggest sticking points is that you can only purchase up to $10,000 in I bonds per Social Security number or Tax ID per year. The lowest denomination being $25. The only way to get around that limit is by putting up to $5000 into I bonds directly through your federal tax return. Other restrictions include the inability to sell I bonds until you've owned them for one year. And if you sell them in under 5 years, you will owe a penalty of 3 months' interest. So are I bonds still worth it? Listen to this episode to find out! Resources Mentioned Increase Your Cash Return With I Bonds, #84 Consumer Price Index Data from 1913 to 2023 I Bonds Interest Rates Connect With Morrissey Wealth Management  www.MorrisseyWealthManagement.com/contact

On this episode, Suze answers your questions about dividend paying stocks, managed broker accounts, I Bond interest and more! Take advantage of the Ultimate Opportunity Savings Account with Alliant Credit Union at: https://bit.ly/3vEUTZW Get Suze's special offers for podcast listeners at suzeorman.com/offer Join Suze's Women & Money Community for FREE and ASK SUZE your questions which may just end up on her podcast! To ask Suze a question, download by following one of these links: CLICK HERE FOR APPLE: https://apple.co/2KcAHbH CLICK HERE FOR GOOGLE PLAY: https://bit.ly/3curfMISee omnystudio.com/listener for privacy information.

We've been getting a lot of questions about I-Bonds lately, and today on MoneyWise, we'll explain what they are and how you can benefit from them. There's no question that I-Bonds became hugely popular in 2022. If every cloud has a silver lining, then the silver lining in the cloud of inflation is the I Bond, because the I stands for inflation, and its interest rate is pegged to the Consumer Price Index. This past year, inflation skyrocketed and so did the interest rate paid by I-Bonds. That interest rate is recalculated every six months, so for a good part of 2022, I-Bonds were paying an incredible 9.62% interest. Now, they tell us that inflation has come down somewhat, so the latest six-month period of November through April of 2023 has I-Bonds paying less, but still a very healthy 6.89%. That's way more than you can get with any bank savings account. ARE I-BONDS SECURE? And I-Bonds come with as much security as you can get in this world. Issued by the Treasury Department, they're backed by the full faith and credit of the U.S. government. They're also exempt from state and local income taxes, which makes them an even better investment if you live in a state or city with high-income taxes. When inflation hammers the stock and bond markets, you'd think that investors would move all of their money into I-Bonds. But you can't. You can only buy up to $10,000 worth of I bonds a year through the government's TreasuryDirect website and another $5,000 a year with your tax refund for a total of 15,000 per person. WHO CAN BUY THEM? You'd also think that investors around the world would flock to I-Bonds, but they can't. To purchase them you need to be: a U.S. citizen, a U.S. resident, or a civilian employee of the U.S. government, regardless of where you live. Some trusts and estates can also purchase I-Bonds, but corporations can't. HOW I-BOND INTEREST RATES ARE CALCULATED Let's drill down a little deeper into how the interest rate of I-Bonds is calculated. The rate you're paid is called the composite rate. That's a combination of the current fixed rate of .40% plus the current inflation rate of 6.48%. Put em together and you get the current composite rate of 6.89%. Your I-Bond earns interest on a monthly basis, and that interest is added to the principal of your bond every six months, allowing your money to compound over time. However, you don't actually get access to those interest payments until you cash in the bond. ACCESS TO YOUR FUNDS Also and this is why you wouldn't include I-Bonds in your emergency fund you can't cash them in for a full year after purchase. And if you cash them in from 1 to 5 years of purchase, you'll lose the prior 3 months' worth of interest. After 5 years, there's no penalty for cashing them in. WHAT ABOUT MATURITY? I-Bonds have a 20-year original maturity period and an extended period of another 10 years for a total of 30. After 30 years, your I Bond has earned you all the interest it can, and there's no reason to hold it any longer. HOW ARE I-BONDS TAXED? While I-Bonds are exempt from state and municipal income taxes, they are not exempt from federal taxes with one exception. If you cash in a bond to pay for qualified higher education expenses, the interest you've earned may be exempt from federal taxes. One more important thing to know about I-Bonds and taxes: The owner of the bond always has to pay the tax. That means if someone else bought the bond and gave it to you as a gift, you pay the tax on it when you cash it in. BOTTOM LINE So to recap, I-bonds have three major benefits. First, they're designed to protect your money from the ravages of inflation. It's almost a given that money held in a bank savings account will lose some purchasing power. Not so with I-bonds. When inflation goes up, so does the interest paid on an I-Bond. Second, and certainly unlike the stock market, I-Bonds have as close to zero risk of default as you can get since they're backed by the federal government. And finally, they're exempt from state and local income taxes and possibly federal income taxes if you use them to pay for college tuition and fees at a qualified institution. All of this means you should consider I-Bonds as part of your overall financial planning. On today's program, Rob also answers listener questions: ● What is the best way for a parent to give home equity to adult children as an inheritance? ● What are your options for leaving an inheritance to a charity? ● When does it make sense to pay off your home early? RESOURCES MENTIONED: ● Find a Certified Kingdom Advisor ● NCFgiving.org Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

There’s no question that I-Bonds became hugely popular in 2022. But are they still a smart choice for the average investor? On today's MoneyWise Live, host Rob West will give us an I-Bond primer and share the reasons why we should still consider them as an investment option. Then we'll open our phone lines for your questions on any financial topic. See omnystudio.com/listener for privacy information.

There's no question that I-Bonds became hugely popular in 2022. But are they still a smart choice for the average investor? Rob West will give us an I-Bond primer and share the reasons why we should still consider them as an investment option. Click here to visit our website to find a financial coach or a Certified Kingdom Advisor in your area. MoneyWise is made possible by your prayers and financial support. To give, click here now. To support this ministry financially, visit: https://www.oneplace.com/donate/1372/29

There's no question that I-Bonds became hugely popular in 2022. But are they still a smart choice for the average investor? Rob West will give us an I-Bond primer and share the reasons why we should still consider them as an investment option. Click here to visit our website to find a financial coach or a Certified Kingdom Advisor in your area. MoneyWise is made possible by your prayers and financial support. To give, click here now. To support this ministry financially, visit: https://www.oneplace.com/donate/1372/29

There's no question that I-Bonds became hugely popular in 2022. But are they still a smart choice for the average investor? Rob West will give us an I-Bond primer and share the reasons why we should still consider them as an investment option. Click here to visit our website to find a financial coach or a Certified Kingdom Advisor in your area. MoneyWise is made possible by your prayers and financial support. To give, click here now. To support this ministry financially, visit: https://www.oneplace.com/donate/1372/29

There's no question that I-Bonds became hugely popular in 2022. But are they still a smart choice for the average investor? Rob West will give us an I-Bond primer and share the reasons why we should still consider them as an investment option. Click here to visit our website to find a financial coach or a Certified Kingdom Advisor in your area. MoneyWise is made possible by your prayers and financial support. To give, click here now. To support this ministry financially, visit: https://www.oneplace.com/donate/1372/29

Reviewing and assessing your progress over the last year can help to keep you on track to reach your goals. But what exactly should you do? Finish the year strong and set yourself up for success in 2023 with these key money moves from Senior Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Meagan McGuire (Landress), CSLP®. In today's episode, you'll find out: How to fix your Roth IRA if you've been filing taxes separately Why you can't have outstanding pre-tax accounts in your Roth IRA (or backdoor Roth IRA) How an HSA can lower your student loan payment and fuel your retirement savings How to use income-driven repayment plans to lower your student loan payment When you should amend your tax return Why you shouldn't wait until the last minute to book a consult or file taxes How to take advantage of some uncertainties in the system What to do if you've got a lot of cash laying around Steps to take if you're waiting for the tax-free loan cancellation Whether you'll have tax liability under the new student loan repayment plan Links mentioned:  I Bond from Treasury Direct Student Loan Tax Experts     Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify or Google Podcasts Leave an honest review on Apple Podcasts  Follow on Facebook, Twitter, or LinkedIn Feeling helpless when it comes to your student loans? Try our free student loan calculator Check out our refinancing bonuses we negotiated Book your custom student loan plan Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!

Would you invite strangers into your house to pour over your personal financial details right down to the penny? If you die without a last will and testament, there could be a great burden placed on your loved ones. We know from God's Word that leaving an inheritance is good. Proverbs 13:22 tells us, A good man leaves an inheritance to his children's children, but the sinner's wealth is laid up for the righteous. How you leave an inheritance is important. More than half of Americans think that estate planning is important, but only a third of them have a will or living trust. Drafting a will is inexpensive. A will doesn't have to be complex, it just needs to clearly lay out how you want your possessions divided among family members, friends and/or charities. It should also specify who you want to have guardianship of your children in the event both you and your spouse should die. It also names an individual, or executor, to oversee the process of distributing your assets and possessions. A will also gives you the opportunity to explain why you're leaving your assets as you've chosen. It can answer a lot of questions and help eliminate family squabbles. The average price range for a will is $300 to $1000. Online will kits are cheaper, but can carry a risk of missing something that a good attorney will include. Along with a will you should also consider designating someone with a financial power of attorney. This allows you to name a trusted individual to make financial decisions for you should you become incapacitated. You can also set up a medical power of attorney. It gives someone the authority to make decisions about your health care if, again, you aren't able to make them yourself. It's sometimes called a medical or health-care proxy. You may also want to include an advance directive that specifies your wishes about being put on life-support equipment in the event of a terminal illness. Make sure you name beneficiaries for your retirement accounts and insurance policies. If you hire an estate attorney, someone who deals with this sort of thing all the time, it'll make the process much easier and ensure that it's done right. On this program, Rob also answers listener questions: ● Been investing for over 15 years since my mid-twenties, had all money in the CFI and F funds, then with several losses I moved money to G fund, I keep getting conflicting opinions. Not sure what to do, do I put my money back in? ● How do you determine if a non-profit organization is legit and their funds go for the purposes they stated? ● Purchased an I-Bond a week ago, can I redeem that bond without having any penalty? ● I am just under 72 years old, I have an RMD. Is there a benefit for directly depositing to my church or should I have it go to my bank and I write the check to my church? Resources mentioned ● Find a Certified Kingdom Advisor ● Christian Healthcare Ministries ● National Christian Foundation ● GuideStar ● Candid ● ECFA Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

With the market volatility we've experienced in 2022, many folks are looking at different types of investment vehicles.  One that Richard Oring's clients have been asking about lately is the I Bond.  Today, Rich explains what they are and more.I bonds are securities issued by the US Treasury, that are 20 year notes and continue paying interest for an additional 10 years, for 30 total.   They can be purchased electronically or by paper. Rich explains the differences, and the limits on what you can buy.The interest rate on I bonds is comprised of a Fixed Rate plus an Inflation Rate - and we go through how these numbers add up for you, using a specific example for illustration.These I Bonds are exempt from state and local taxes, and the interest CAN be used to help pay for qualified higher education expenses, with restrictions. Rich explains those.As with all financial decisions, your situation is unique.  Before making an investment, talk to your financial advisor, and/or CPA.  You can also research this topic more at https://treasurydirect.gov/You can always reach out to Richard Oring and his team at New Century Financial Group.  You can schedule an appointment from their website: https://ncfg.com/Or you can reach out directly to Rich:  ROring@ncfg.comOr call him at  (609) 924-2049, extension 126.

 In today's episode, Saraja Samant, a manager research analyst for Morningstar Research Services, explains how investing in defined-maturity ETFs can help grow wealth in a rising interest-rate environment. 00:05 Introduction  00:43 Disney Loses Some Magic as 2022 Ends 01:37 Roblox Has Mixed Messages in Q3 02:37 Lyft's Ride to Disappointment  04:05 What's a Traditional Bond Ladder and How Does It Work? 04:42 Advantages and Disadvantages of Building a Bond Ladder With Individual Bonds? 06:21 What Makes Defined-Maturity ETFs Different?  07:58 What are Some of the Risks With Bond Ladder ETFs? 09:17 How Do the Costs Compare Between Building a Bond Ladder Using traditional Bonds Versus Building One Using Bond ETFs? 10:04 If an Investor Wants to Build a Bond Ladder ETF, How would they start? 11:11 Is It Too Late to Inflation-Proof Your Portfolio? Read about topics from this episode.   Disney Posts Mixed Earnings With Streaming Subscriber Growth, Record Parks Revenue But Widening Direct to Consumer LossesUber, Lyft Drivers Remain as ContractorsBond Ladder ETFs Can Help Investors Climb Higher An Update on I Bond Yield Your Inflation Toolkit A Down-Market Survival Guide for Your 20s, 30s, and 40s TIPS Versus I Bonds  What to watch from Morningstar.Cheap Stocks For You to ConsiderWhat to Buy or Skip: I Bonds, Apple, Amazon, or MetaWhere to Park Your Cash and Find Recession-Resistant StocksMarkets are Undervalued, and We Highlight Some Cheap Stocks!We Examine Tesla's Stock and the Risks of a Strong Dollar Read what our team is writing:Susan DziubinskiChritine BenzSaraja Samant Follow us on social media.Ivanna Hampton on Twitter: @IvannaHamptonChristine Benz on Twitter: @Christine_BenzSaraja Samant on LinkedIn: https://www.linkedin.com/in/saraja-samant-280993/Facebook: https://www.facebook.com/MorningstarInc/Twitter: https://twitter.com/MorningstarIncInstagram: https://www.instagram.com/morningstar... LinkedIn: https://www.linkedin.com/company/5161/

(11/4/22) The souring economy is causing corporations to take pause, cutting staff and dealing with increased cost of debt, thanks to interest rate hikes. We've been here before; it just feels worse now. Halloween recap, Thanksgiving inflation and making menu choices; the change in I-Bond rates: Still a good deal? No new toys for Christmas; do you need a family CFO? Planning ahead for end-of-life. Guidelines for lending money to family and friends: Be willing to lose what you've lent; put it in writing. End of Year checklist; 9 things every retiree should do. SEG-1: Companies Take a Pause SEG-2: Thanksgiving Inflation & Menu Options; I-bond Changes SEG-3: No Bling for Christmas; Do You Need a Family CFO? SEG-4: Guidelines for Lending to Family & Friends Hosted by RIA Advisors Senior Advisor Danny Ratliff, CFP, w Senior Advisor, Jon Penn, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=ZX1krBuFkAc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our Latest "Three Minutes on Markets & Money: "Powell: It's Okay If the Fed Breaks Something" is here: https://www.youtube.com/watch?v=fAHVpug7w7s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2680s -------- Our previous show is here: "The Fed Really Doesn't Know What It's Doing" https://www.youtube.com/watch?v=fAHVpug7w7s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2680s -------- Articles mentioned in this podcast: "Economic Stagnation Arrives As “Sugar Rush” Fades" https://realinvestmentadvice.com/economic-stagnation-arrives-as-sugar-rush-fades/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Inflation #Thanksgiving #Retirement #FamilyCFO #LendingToFamily #Markets #Money #Investing

(11/4/22) The souring economy is causing corporations to take pause, cutting staff and dealing with increased cost of debt, thanks to interest rate hikes. We've been here before; it just feels worse now. Halloween recap, Thanksgiving inflation and making menu choices; the change in I-Bond rates: Still a good deal? No new toys for Christmas; do you need a family CFO? Planning ahead for end-of-life. Guidelines for lending money to family and friends: Be willing to lose what you've lent; put it in writing. End of Year checklist; 9 things every retiree should do. SEG-1: Companies Take a Pause SEG-2: Thanksgiving Inflation & Menu Options; I-bond Changes SEG-3: No Bling for Christmas; Do You Need a Family CFO? SEG-4: Guidelines for Lending to Family & Friends Hosted by RIA Advisors Senior Advisor Danny Ratliff, CFP, w Senior Advisor, Jon Penn, CFP Produced by Brent Clanton, Executive Producer -------- Watch today's show on our YouTube channel: https://www.youtube.com/watch?v=ZX1krBuFkAc&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1 -------- Our Latest "Three Minutes on Markets & Money: "Powell: It's Okay If the Fed Breaks Something" is here: https://www.youtube.com/watch?v=fAHVpug7w7s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2680s -------- Our previous show is here: "The Fed Really Doesn't Know What It's Doing" https://www.youtube.com/watch?v=fAHVpug7w7s&list=PLVT8LcWPeAugpcGzM8hHyEP11lE87RYPe&index=1&t=2680s -------- Articles mentioned in this podcast: "Economic Stagnation Arrives As “Sugar Rush” Fades" https://realinvestmentadvice.com/economic-stagnation-arrives-as-sugar-rush-fades/ -------- Get more info & commentary: https://realinvestmentadvice.com/newsletter/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to RIA Pro: https://riapro.net/home -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #InvestingAdvice #Inflation #Thanksgiving #Retirement #FamilyCFO #LendingToFamily #Markets #Money #Investing

The Bible has plenty to say about the benefits of gratitude, and researchers have even collected data on them. Studies are showing the very positive influence that gratitude has on the lives of individuals. We'll talk about it today on MoneyWise. God's Word has many passages to inspire a thankful heart, but one in particular that details the benefits of gratitude is found in Philippians 4, verses 6 and 7. It reads, Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, present your requests to God. And the peace of God, which transcends all understanding, will guard your hearts and your minds in Christ Jesus. If you've wondered how the peace of God translates into physical and emotional well-being, you're not alone. Researchers at the University of California campuses at Davis and Berkeley wanted to find out too. THE POWER OF THANKFULNESS They gave groups of people gratitude journals to document the things they were thankful for and to report their experience. The researchers broke down the positive responses into three separate categories: physical, psychological, and social. Starting with the physical benefits: Individuals reported having stronger immune systems, possibly noting that they got sick less often. They also said they had fewer aches and pains, lower blood pressure, better sleep, and an increased desire to exercise and take better care of their health, all that just by fostering an attitude of gratitude. The positive psychological effects of gratitude included higher levels of positive emotions in general. Respondents also said they were more alert, alive, and awake. They felt more joy and pleasure, more optimism and happiness. Now, a lot of Christians keep prayer journals in which they express their gratitude to God for what He provides. It's a way to count your blessings and a verse that comes to mind is Colossians 4:2, Devote yourselves to prayer, being watchful and thankful. When we keep track of all the ways the Lord provides for us, it's impossible to not be grateful. So it seems that keeping a prayer or gratitude journal is a great way to foster an attitude of thanksgiving. Okay, the last category the researchers looked at wassocial. How does gratitude improve our relationships with family, friends, and others? Individuals said they became more helpful, generous, and compassionate. They felt more forgiving and more outgoing and less lonely and isolated. For all of those reasons, the researchers suggested that everyone should keep gratitude journals to enhance these effects, essentially writing down every day the things we're grateful for. Of course, the researchers had to come up with an explanation for why all these benefits flow from a spirit of gratitude. And here things really get interesting. First, they determined that true gratitude is proof that, despite all of its problems, there is still goodness in the world. Second, and this is where it gets a little tricky for them they admitted that a source of goodness must exist outside of ourselves. It's not something we did, and that true gratitude acknowledges we're dependent on something or someone else. They even admitted this could be a higher power, if one is spiritually inclined. Now, doesn't that sound like a definition of God to you? Little wonder then that the Apostle Paul writes in Romans 11:36, For from him and through him and for him are all things. To him be the glory forever. You may be thinking, Why would folks who may not know the lord experience the blessings of gratitude? We know that God's financial principles work for believers and nonbelievers alike. Staying on a budget, living on less than you earn, saving for the future, all lead to financial well-being. So there's no reason why practicing gratitude wouldn't be beneficial to everyone as well. And who knows? The Holy Spirit might use the experience to lead someone to Christ. We can even become a part of that by witnessing our gratitude to the God Who provides all things. 1 Chronicles 16:8 reads, Give thanks to the Lord; call upon his name; make known his deeds among the peoples! And Matthew 5:16 tells us, Let your light shine before others, so that they may see your good works and give glory to your Father who is in heaven. On today's program, Rob also answers listener questions: ● Should you stop paying into an (unmatched) Roth IRA to pay off credit cards more quickly? ● Can you name a beneficiary of an I-Bond? ● How can you determine whether your heirs are financially ready and mature enough to handle an inheritance? ● Does it make sense to pay cash for a car outright? ● What can you do about an overdue tax refund? RESOURCES MENTIONED: ● Christian Credit Counselors ● MoneyWise App Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

The Bible has plenty to say about the benefits of gratitude, and researchers have even collected data on them. Studies are showing the very positive influence that gratitude has on the lives of individuals. We'll talk about it today on MoneyWise. God's Word has many passages to inspire a thankful heart, but one in particular that details the benefits of gratitude is found in Philippians 4, verses 6 and 7. It reads, Do not be anxious about anything, but in every situation, by prayer and petition, with thanksgiving, present your requests to God. And the peace of God, which transcends all understanding, will guard your hearts and your minds in Christ Jesus. If you've wondered how the peace of God translates into physical and emotional well-being, you're not alone. Researchers at the University of California campuses at Davis and Berkeley wanted to find out too. THE POWER OF THANKFULNESS They gave groups of people gratitude journals to document the things they were thankful for and to report their experience. The researchers broke down the positive responses into three separate categories: physical, psychological, and social. Starting with the physical benefits: Individuals reported having stronger immune systems, possibly noting that they got sick less often. They also said they had fewer aches and pains, lower blood pressure, better sleep, and an increased desire to exercise and take better care of their health, all that just by fostering an attitude of gratitude. The positive psychological effects of gratitude included higher levels of positive emotions in general. Respondents also said they were more alert, alive, and awake. They felt more joy and pleasure, more optimism and happiness. Now, a lot of Christians keep prayer journals in which they express their gratitude to God for what He provides. It's a way to count your blessings and a verse that comes to mind is Colossians 4:2, Devote yourselves to prayer, being watchful and thankful. When we keep track of all the ways the Lord provides for us, it's impossible to not be grateful. So it seems that keeping a prayer or gratitude journal is a great way to foster an attitude of thanksgiving. Okay, the last category the researchers looked at wassocial. How does gratitude improve our relationships with family, friends, and others? Individuals said they became more helpful, generous, and compassionate. They felt more forgiving and more outgoing and less lonely and isolated. For all of those reasons, the researchers suggested that everyone should keep gratitude journals to enhance these effects, essentially writing down every day the things we're grateful for. Of course, the researchers had to come up with an explanation for why all these benefits flow from a spirit of gratitude. And here things really get interesting. First, they determined that true gratitude is proof that, despite all of its problems, there is still goodness in the world. Second, and this is where it gets a little tricky for them they admitted that a source of goodness must exist outside of ourselves. It's not something we did, and that true gratitude acknowledges we're dependent on something or someone else. They even admitted this could be a higher power, if one is spiritually inclined. Now, doesn't that sound like a definition of God to you? Little wonder then that the Apostle Paul writes in Romans 11:36, For from him and through him and for him are all things. To him be the glory forever. You may be thinking, Why would folks who may not know the lord experience the blessings of gratitude? We know that God's financial principles work for believers and nonbelievers alike. Staying on a budget, living on less than you earn, saving for the future, all lead to financial well-being. So there's no reason why practicing gratitude wouldn't be beneficial to everyone as well. And who knows? The Holy Spirit might use the experience to lead someone to Christ. We can even become a part of that by witnessing our gratitude to the God Who provides all things. 1 Chronicles 16:8 reads, Give thanks to the Lord; call upon his name; make known his deeds among the peoples! And Matthew 5:16 tells us, Let your light shine before others, so that they may see your good works and give glory to your Father who is in heaven. On today's program, Rob also answers listener questions: ● Should you stop paying into an (unmatched) Roth IRA to pay off credit cards more quickly? ● Can you name a beneficiary of an I-Bond? ● How can you determine whether your heirs are financially ready and mature enough to handle an inheritance? ● Does it make sense to pay cash for a car outright? ● What can you do about an overdue tax refund? RESOURCES MENTIONED: ● Christian Credit Counselors ● MoneyWise App Remember, you can call in to ask your questions most days at (800) 525-7000 or email them to Questions@MoneyWise.org. Also, visit our website at MoneyWise.org where you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Segment 1: Segment 1: Nationally syndicated financial columnist and author Terry Savage joins John to talk about what she expects from the Fed announcement today, the newest I-Bond rate, and why T-Bills might be a better deal for you. Terry also answers all of your financial questions. Segment 2: Jerrod Melman, Executive Partner, Lettuce Entertain You, joins […]

Monica Haberlin details the 60/40 mix and if an Annuity may be a good replacement for Bonds which are suffering in the down market. Plus, why you need to take advantage of an I-Bond now before rates disappear and how Market Guard helps take the emotions out of investing. Finally, in this election year, regardless of the result, how should we prepare for the after affects to our retirement portfolio.  For more information on Campbell and Company or to schedule a consultation call 727-334-0024 or visit www.mycampbellandco.com 

A timely topic we've been hearing about from listeners for months – 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… 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's professional experience in major brokerage firms made her realize that clients with less than 6 or 7 figures to invest weren't 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 “Money with Maggie” Experience: CERTIFIED FINANCIAL PLANNER™ (designation received after a 12-month intense study program and 6-hour exam covering a full spectrum of financial planning topics)  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: Johnny FD – Greece / IG @johnnyfdj Sam Marks – Thailand / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: IndeedIndeed knows that when you're doing everything for your company, you can't afford to overspend on hiring. Visit indeed.com/ILAB for more details. Discussed: Treasury Direct Money with Maggie Maggie's Free Passive Income Workshop Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – 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 – What is an I-Bond? 11:11 – What is the interest right now and how long are you locked in for? 12:41 – What do you expect the next interest rate to be? 14:16 – Is there a limit on how much you can purchase? 15:26 – Patreon question: Can you gift I-bonds to family members or friends? 16:07 – Patreon question: Is there any other way to purchase the I-Bonds other than the website? 17:05 – How often can you buy I-Bonds and can you buy more under other LLCs? 18:05 – Do you purchase I-Bonds and why? 19:52 – Why do you think no one talks about Bonds anymore? 23:10 – Do you have to be a US citizen to purchase the Bonds? 23:35 – Patreon Question: How is the rate calculated? 24:18 – Has it only recently become popular with your clients? 30:48 – What do you think the interest rate will be in October 2023? 32:16 – 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't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.

Don spends another day answering listeners questions: What to we think about market timing? How can he add small and emerging markets with a mediocre 401k? What is the worst case scenarion for an I-Bond buyer? What is a basis point and is Tom caffeinated? Can a retored spouse have a Roth IRA and Personal Capital's new savings account? What should be done with next year's Roth contributions?

I-Bonds are an excellent component of a physician's fully-funded emergency fund. They are state income tax-free and they pay interest that is very similar or exactly the same as the inflation rate. But what are I-Bonds and how do they work? Why would a physician want to buy an I-Bond? Tune in today to learn more about how I-Bonds work and why they are a great aspect of an emergency fund.    ASK A QUESTION   Send your questions about taxes, investing, extra money, retirement, college and financial parenting to podcast@physicianfamily.com or call the Physician Family Answer Line at (503) 308-8733.   IN THIS EPISODE   [0:28] What are I-Bonds, and how do they work? [5:10] How does the website work to buy I-Bonds? [9:17] Why would a physician want to buy an I-Bond? [14:44] How to show the non-financial spouse how to get access to the emergency fund.  [17:34] Splitting up I-Bonds and how that works.    NOTICE   Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

067 - Paul Sippil is a financial advisor who specializes in helping small businesses and individuals select the right 401(k) provider for their financial needs. He has websites and a YouTube channel with free educational information to help investors avoid unnecessary fees and maximize retirement savings.Timestamps:3:00 - Financial Advisors don't charge for the commensurate amount of work6:00 - History of 401k & Why Asset Based Fees are BS 10:30 - Guideline 401k price structure changes 15:00 - Basics of Retirement Savings and How to Save 21:00 - Budgeting - track your spending with simple “date - amount - description” format24:30 - Expense Ratios- Active vs Passive Funds 26:00 - How to pick a fund to invest in 29:30 - Buy Low / Sell High? 31:30 - True Diversification is outside of the US Market and understanding correlation 40:00 - The argument for a gold standard 47:00 - How do interest rates interact with inflation? 54:00 - I Bond 56:00 - Paul's Services for employer-sponsored retirement plans58:00 - Spark by seek discomfort game Thomas' Question: how would your life change if you had 1 year left to live? Paul's Question: what have you dreamed of doing for a long time and what is holding you back from doing it? References and Further Reading: 401kprovidersearch.com paulsippil.comPersonal Capital Budgeting App Dave Ramsey Every Dollar All Weather Fund - Permanent Portfolio I Bond Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Art McPherson and Luke McCarty talk about the "noise" coming from the headlines regarding a recession and explain where we stand. Plus, why the Fed continues to get it wrong and the pros and cons of an I-Bond.  For more information on the McPherson Financial Group or to schedule a complimentary consultation, call 772-281-5223 or visit www.artofmoneyradio.com

Happily, Don is back in the studio taking your wonderful questions:Why are we being so hard on annuity salespeople?Will Voyager Digital customers get their money back?How will I-Bond rates change in the future?What are some Fidelity fund alternatives for 529?Should he sell some stocks to take tax losses?

In this episode of the personal finance podcast, we're gonna talk about I-Bonds and how you can get a guaranteed 9.6% return with I-Bonds. Here is the free step-by-step guide to buying I-Bonds Checklist of what we talk about:  How to combat against inflation? What an I-Bond is great for? How to get more money into I-bonds? Should you invest your money or should you buy I-bonds? Step by step guide on how to buy I-bond The pros and cons of I-bonds Checklist of relevant episodes:  How to Save for College (The Smart Way!) 8 Ways to LEGALLY Avoid Paying Taxes Like the Rich (Save 6 figures+ in Taxes!) The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!) FREE GUIDES: ============== -Check out the free guide on where to put your money in what order!  https://www.mastermoney.co/stairway-to-wealth   -Here is the free How to Ask for A Raise ebook! https://www.mastermoney.co/get-a-raise-ebook   -Get Access to the 75-Day Challenge: https://www.mastermoney.co/75daychallenge    =============   We have a YOUTUBE channel! Check it out here!    Our Latest Videos:  5 Index Funds to Hold for Life!  What Would Happen If You Maxed Out Your Roth IRA By Age?! (These Results Will Amaze You!) How to Become a Millionaire With a Small Amount of Money (Is it Really This Easy!?)   ============   Got questions? Ask me on Instagram Here. @mastermoneyco This is the fastest way to get in touch with me.    ============ Sponsors:    Thanks to Policygenius For Sponsoring the show! Check them out a Policygenius.com Thanks to Mint Mobile for supporting the show! Cut your phone bill to $15 a month by going to https://mintmobile.com/pfp Thanks to Fundrise for Sponsoring the show! Invest in real estate for as little as $10 by going to fundrise.com/personalfinance Thank you to Hello Fresh for sponsoring the show! Go to Hello Fresh and use code PFP16 for 16 free meals and 3 free gifts. Thanks to Gusto for Sponsoring the Show! Check them out at Gusto.com/pfp. Thank you to Chime for sponsoring the show! Check them out at chime.com/pfp     ============   Want to Support the Show? Follow on Spotify or Follow and Leave a 5-Star Review on Apple Podcasts! ============   More Episodes You Will Love:    The Stairway to Wealth 2.0 (The Order You Should Put Your Money in!) How to Track Your Net Worth How to Set Money Goals You Will Actually Achieve How To Prevent Lifestyle Creep (Lifestyle Inflation) 7 Ways to Pay Down Your Student Loans Faster How You Can Have a Free Car for Life (It's True!) Why Your Savings Rate Matters    ============   Check out all the Stuff I Recommend!    USEFUL RESOURCES: Best Place to Open a Roth IRA: https://m1finance.8bxp97.net/5vzD1 My Favorite Free Net Worth and Budget Tool: https://fxo.co/905L Best High Yield Savings Account: https://bit.ly/3HpPjAr  Get a $10 Free Bonus with Acorns: https://bit.ly/3lV0LLE Best Bank and Debit Card for Kids: https://bit.ly/3pJeI09  Get $5 Free Bitcoin at Coinbase: https://bit.ly/3oIQOml Best Credit Building Tool: https://bit.ly/3rmBuwZ  Best Personal Finance Books: https://kit.co/MasterMoney/best-personal-finance-books    ============     DISCLAIMER: I am not a financial adviser. This Podcast is for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am sharing my opinion.    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.   ============     Check us out on social fam!    Twitter   www.thepersonalfinancepodcast.com   www.mastermoney.co Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode Damon Roberts and Matt Deaton detail how to safeguard your portfolio so the damage from record high inflation is limited. Plus, Matt explains how/when he thinks some of these high prices will begin to drop and why. Finally, would an I-Bond be a good option in a down market? For more information on Acute Wealth Advisors or to schedule a complimentary consultation visit www.successinthenewretirement.com or call 480-680-6868. 

Right now, I-bonds present an extremely attractive 9.6% rate of return. So, how come we never hear about I-bonds? Learn why I-bonds are currently popular, how to buy them, and whether your should in this snappy episode of the Dollar Wise Podcast. Tune into this episode to learn:  How much money you can make by investing in I-bonds  Pros and cons of buying I-bonds Whether you should use your emergency fund to buy I-bonds    Timestamps [00:32] Episode overview: I Bonds [01:23] Why are I Bonds popular right now?  [02:43] Are I-bond returns guaranteed? [04:35] How much I-Bonds can you buy? [05:21] How long is your money tied up for when you buy I-bonds? [06:51] What are I-bonds good for? Reasons to buy I-bonds.  [09:30] How to buy I-bonds.    3 Key Highlights  I-Bonds are purchased from the US government. You can buy them from treasury.gov. Their interest rate is pegged to inflation. This is why they are popular right now with inflation running just over 9%.  I-Bond returns are guaranteed. The rate of return is recalculated every 6 months. Right now that rate is 9.6% but the rate will get recalculated every 6 months.  At maximum, each US citizen can only buy $15,000 of I-bonds each year. Useful Links Connect with Jason Gabrieli: https://www.linkedin.com/in/jasongabrieli (LinkedIn) Connect with Tyler Reedman: https://www.linkedin.com/in/tyler-reedman-8b29a6101/ (LinkedIn) Like what you've heard… Learn more about HFM https://hfmadvisors.com/working-with-hfm (HERE) Schedule time to speak with us https://calendly.com/hfminquirycall/360 (HERE) Open an HFM Ignite account https://hfmadvisors.com/ignite (HERE)

With inflation surging, bitcoin at a shocking low, and an unstable stock market is there any safe way to invest our money these days? Inflation-proof I Bonds are all of the rage right now with the government offering a guaranteed 9.62% interest rate for the next 6 months. Should you jump on the I Bond bandwagon? Let's talk about it. ---------------------------------------------------------------------------------- SOCIAL LINKS: Facebook: https://www.facebook.com/AaronKatsmanLC/ Twitter: https://twitter.com/AaronKatsman LinkedIn: https://www.linkedin.com/in/aaron-katsman-6550441/ ---------------------------------------------------------------------------------- SUBSCRIBE TO THE PODCAST: iTunes: https://podcasts.apple.com/us/podcast/the-aaron-katsman-show/id1192234142 Stitcher: https://www.stitcher.com/podcast/the-aaron-katsman-show Spotify: https://open.spotify.com/show/1lePc1pC0giBFV1nzCGsQR ---------------------------------------------------------------------------------- VISIT MY WEBSITE: Website: https://www.aaronkatsman.com/ ---------------------------------------------------------------------------------- CONTACT ME: Email me: aaron@lighthousecapital.co.il ---------------------------------------------------------------------------------- DISCLAIMER: Aaron Katsman is a licensed financial professional both in the U.S. and Israel. Call 02-624-0995 for a consultation on how to handle U.S. brokerage accounts from Israel. This video is for education purposes only and is not intended to give investment, legal or tax advice. If such advice is needed, contact a licensed professional who can help you. Securities offered through Portfolio Resources Group Inc. Member FINRA, SIPC, MSRB, FSI. The opinions expressed are those of the author and not of Portfolio Resources Group Inc., or its affiliates. Neither PRG nor its affiliates give tax or legal advice.

In this episode, the trio discussed Series I Savings Bonds (“I Bonds”).  We have had so many conversations with clients about it recently due to the high inflation.  I Bonds are a type of U.S. savings bond designed to protect the value of your cash from inflation. With inflation hitting four-decade highs of 8.6% in May, investors are more interested in something that is higher than the inflation rate, but still relatively riskless, and this fits the bill.  The initial interest rate on new I Bonds is now 9.62% annualized, and that rate readjusts every six months.  And you can only purchase up to $10,000 in I Bonds each calendar year.  Tim discussed the pros and cons of this product.   If you are interested in I Bonds, please talk to your financial advisor to see how it could fit into your overall financial picture.

Johnny and Derek do a 1 on 1 episode discussing their investment plan for the ongoing bear market. What's changed in their philosophy, now that everything is not just blindly going up, dealing with inflation and what they're buying/avoiding in today's market. Listen to ILAB 233 on iTunes here or subscribe on your favorite podcast app.   Where we are: Johnny FD – Balkins / IG @johnnyfdj Sam Marks – Barcelona / IG @imsammarks Derek Spartz – Los Angeles / IG @DerekRadio Sponsor: ShopifyGet 14 days free and access Shopify's full suite of features to get selling online today! Just go to Shopify.com/ilab to get started. Support Invest Like a Boss: Join our Patreon   Discussed: 222: Emergency Funds 101 - Invest Like a Boss 167: 2021 Bitcoin Outlook with Stephan Livera - Invest Like a Boss 186: Bitcoin & Altcoins with CoinFlip CEO Ben Weiss - Invest Like a Boss 218: Saifedean Ammous Explains The Bitcoin Standard - Invest Like a Boss 203: Venture Capital Fund Access for All with Sweater Ventures CEO Jesse Randall - Invest Like a Boss   Like these investments? Try them with these special ILAB links: ArtofFX – Start with just a $10,000 account (reduced from $25,000) Fundrise – 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: 03:33 – What is a Bear Market? 06:11 – Gas Prices all over the world 11:10 – How much do you think car and housing prices have changed? 16:38 – What is happening with crypto? 22:26 – How has the NFT market changed? 28:26 – What is the first thing to do to change with the bear market? 31:45 – What is the second move to make? 34:55 – What categories have not decreased with the bear market? 38:34 – Do you buy more or do you sell with the bear market? 44:02 – Do you know how many recessions they had in the last 20 years? 54:49 – What is an I-Bond? If you enjoyed this episode, do us a favor and share it! Also if you haven't already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!  Copyright 2022. All rights reserved. Read our disclaimer here.

We are finally catching up with our question backlog:How to choose between a T. Rowe Price and a Vanguard fund?What if we're about to enter a bear market?Does this 529/I-Bond strategy make sense?Should I fire my Vanguard advisor and which small cap value fund might be best?

FILIGHTER Episode 14 – I-Bonds SHOW NOTES Lets learn about I-Bonds from the US Treasury that are currently yielding 9.62% in May 2022 Treasury Direct Website May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov) *Gotta hold them at least 12 months *Three month penalty if held less than 5 years *Rates are set 2 times per year and hold for 6 months (Base Rate, currently Zero, and Inflation Rate, currently 9.62%) *Must purchase from TreasuryDirect.gov FILIGHTER WEBSITE and BLOG: www.filighter.com Facebook Group Email:lambothefilighter@gmail.com Remember our Disclaimer: I want to remind each of our listeners that content in this podcast including any show notes or links, the Filighter Blog, and the Filighter Website are entirely educational or entertainment in nature and you should seek a professional for Tax, Investment, or Legal advice or otherwise.  We are not Tax or Investment experts and are not in any way providing expert advice so please seek your own tax, legal, or other professional for advice and counseling.  Filighter or its creators accept no responsibility or liability for any actions or activities you may take based on anything discussed on the website, podcast, postings, or comments. Theme Music (Available on iTunes or Spotify) : Another Day – MJ Torrance   FILIGHTER PODCAST LINKS: FILIGHTER on APPLE FILIGHTER on STITCHER FILIGHTER on SPOTIFY FILIGHTER on GOOGLE What is a Series I Savings Bond? A savings bond that earns interest based on combining a fixed rate and an inflation rate for up to 30 years. Twice a Year Rates are set and there are TWO Rate Components to a Series I Savings Bond: Fixed Rate Inflation Rate The Composite interest rate combines these two separate rates: A fixed rate of return, which remains the same throughout the life of the I bond. A variable semiannual inflation rate based on changes in the Consumer Price Index for all Urban Consumers (CPI-U). The Bureau of the Fiscal Service announces the rates each May and November. The semiannual inflation rate announced in May is the change between the CPI-U figures from the preceding September and March; the inflation rate announced in November is the change between the CPI-U figures from the preceding March and September. Because it combines two rates, the interest rate on an I bond sometimes is called the composite rate or the overall rate. 0.0% + 3.54% May 2021 0.0% + 7.12% Last November 2021 0.0% + 9.62% May of 2022 While the inflation rate can be negative, the composite rate floor is set to never be less than zero.  The only two periods since 1998 that negative rates for inflation were used took place in 2009 and 2015. Using our 20/20 hindsight vision, Say between May 2000 and October 2000 you were buying an I-Bond, your two combination rates would be a FIXED RATE of 3.6% plus an Inflation Rate of 3.89% for a combined rate of 7.49% at the time.  ROLL THE CLOCK FORWARD TO TODAY, and that base rate bond of 3.6% and the new 9.62% Inflation Rate would take you to 13.39% composite rate for your bond. How would you like more than 13% rates on a US Government backed savings bond? Just FYI the last time you could have bought a bond with a fixed rate above zero, was November 2019 through April of 2020.  During that 6-month period, the fixed rate was zero point two percent. 0.2% or 20 basis points in financial rate lingo.  A basis point is 1/100th of one percent. May 2022 I BOND RATE CHART.XLSX (treasurydirect.gov)   If you purchase a bond during the 6-month window your bond will receive the current rate for 6 months then interest at the end of the period will be compounded to your balance semi-annually and invested at the then new rate for the next 6 months. If you bought a bond today, May 24th, 2022, your bond would reset rates every May 1st and November 1st If you bought on 4th of July, your rates would reset each July 1st and January 1st There are some opportunities to either report income earned annually, or all at the time the bond is cashed out. There are some key points to know before buying a Series I Savings Bond: 1) You must hold it for at least a year. 2) If you cash out in less than 5 years, you forfeit the last 3 months interest. 3) When the bond is 30 years old, or at maturity, the bond no longer earns interest. Sounds great right?  So want to buy some?  Easy does it wrangler…. How do you buy a Series I Savings Bond, or I Bonds for short…. Go to Treasurydirect.gov and research the I-Bond (There are other types of bonds, notes, and bills but we are going to limit our scope today to I-Bonds) Create an Account Your account when set up will be linked to a bank account that transactions will utilize. When you purchase a bond, the funds will be drafted from the account, when you redeem or cash out of a bond, the funds will be deposited into your account. Once your account is created, you have several options to purchase I bonds: LIMITS – There is a $10,000 limit per person per calendar year. The only way to buy more than $10,000 is to utilize an IRS Refund to purchase a paper bond up to an additional $5000. This may be the ONLY good reason to overpay your federal income taxes. When you file your tax return include IRS FORM 8888 and purchase as little as $50 or as much as $5000 in multiples of $50 increments. MIMIMUMS, $25 on Electronic and $50 on Paper – remember paper can only be purchased with a Federal Tax Refund Lump Sum Purchase, Log in and decide on an amount and buy it all at once. This is the method I used and frankly it was probably the simplest, one and done for the year. Payroll Savings Plan Like direct deposit in your checking or savings account, you can purchase I-Bonds directly by payroll deposit. There are more instructions on the Treasury Direct site if you are an individual or employer and want to better understand the set up.  If I still had W-2 Income, this may be a great way to automate the purchases.  The other nice though on the back side when selling each of these bonds will mature at a different time and can be used to meet expenses later, say when funding a child's education or your own retirement expenses. Schedule Purchases Recurring options: Weekly, Biweekly, every other week Monthly, Bi-monthly, every other month Quarterly, Semi-annually, every 6 months and Annually Schedule your own dates Birthday every year Monthly except June and November when Property Taxes are due (in Texas) and funds are needed elsewhere Basically, you can automate and utilize the site to buy whenever you want. OWNERSHIP – before you purchase a bond you will need to decide if the ownership will be either: Sole Owner Primary Owner Beneficiary In our case, I set up my I-Bonds as myself as First Named Registrant and my wife as Second-Named registrant Payable on Death You will need a Tax ID number for each owner listed, in my case that is my Social Security Number Other Options: GIFTS – you can set up a gift box and purchase bonds for someone else. Say your children, grandchildren, or anyone else.  They will need to set up a Treasury Direct Account and provide the number to you for your transfer of the bonds from your gift box into their account. The rate is set at the time you buy the bond for the gift, so if you want to lock in the 9.62% current rate, be sure to buy the gift bond before the end of October 2022. At the time the gift bond is transferred it counts against the recipients limit for the calendar year. It may be a good idea to let a recipient know you intend to purchase an I-bond and be sure they have not already used up their max $10,000 for the year. Some vloggers on you-tube get creative with the ways this can be manipulated. For instance, they buy bonds for their spouse as a gift to lock in rates but don't transfer it out of their gift box until the following year.  Kind of like the gift box is LIMBO and those don't count against the giver or receiver limits until they are transferred.  I AM NOT SUGGESTING anyone game the system, just that it is best to clearly understand the rules and complications and when you play with fire you might get burned if you don't dot all the “I”s and cross all the “T's”. How do you know if these are something that fit into your portfolio? Does your Strategic Asset Allocation include a Fixed Income Component? Most asset allocations include components for EQUITIES, FIXED INCOME, and CASH If a portion of your allocation goal is FIXED INCOME, consider if I-Bonds make sense as a portion of your target allocation. Do your diversification goals within Fixed Income include Inflation protected components? For instance, if you hold the Vanguard BND ETF there is not specific inflation indexed bonds withing the portfolio, but if you hold VTIP Vanguard Short-Term Inflation Protected Securities Index Fund ETF shares, you already have exposure to inflation protected financial instruments. If you routinely Rebalance your portfolio, these bonds may not be sellable (Less than 12 months, or less than 5 years (3-month penalty) so consider these as a longer term component of your allocation and perhaps sell a bond mutual fund or ETF to accomplish the goals of rebalancing by Asset Allocation. I have been interested in I-bonds since the coverage started in May 2021 when the rate was 3.54%.  When the rate went to 7.12% we made our first purchases in November 2021.  Then again on the first of January, we purchased additional bonds.  The November purchases reset to 9.62% this month, May 2022 and the January purchases will reset in July to 9.62%.  Many bloggers published content as to whether you should buy at the old rate before the reset to push out the tail on higher rates as inflation declines.  It makes little difference to me, and I like to employ my Half Right Half Wrong philosophy, if you think it makes a difference buy half before and half after.  You will be “right” if there is such a thing on half of your purchase and can you really be “WRONG” for buying at 9.62%?  You will get 6 months of each rate once you buy as long as you hold the bonds up until 30 year maturity. What are other factors to consider in your purchase decision? You will have to set up ANOTHER account You will need to let your financial advisor know you have holdings in a treasury direct account for purposes of any allocation or rebalance planning. If you are very risk averse, the fact that the US Government stands behind these bonds will help you rest easy at night. When you are in a drawdown stage, these will have to be sold separately from your other asset or investment accounts. Liquidity, if you need your money back over the short term (less than a year) they are not for you, or at least the portion you need on the short term. It may make sense to buy and hold for 18 months and then liquidate, you will receive the interest and some compounding but give up the last 3 months interest.  Look into I-Bonds, they could be a good fit, or not!  Hopefully this is now a topic that is no longer something you didn't know you didn't know.

An I Bond is a savings bond issued by the US Treasury much like EE Savings bonds, but the interest paid by an I Bond is linked to current inflation. They grabbed headlines at the beginning of May when it was announced that the rate on new I Bonds would be a whopping 9.62%. That […]

Unless you have been living under a financial rock, you have probably heard about investing in I Bonds. It seems to be all the rage right now, but is it really worth it? Today on the podcast we are going to give you everything you need to know about I Bonds (the pros, cons, how to know if I Bonds are right for you, and when you should get an I Bond).  If you are looking to learn more about your personal finance, Medical Degree Financial University (MDFU) is opening up in June and we would love to see you there! Go to https://thephysicianphilosopher.com/mdfu-founder to learn more and join the waitlist!

Unless you have been living under a financial rock, you have probably heard about investing in I Bonds. It seems to be all the rage right now, but is it really worth it? Today on the podcast we are going to give you everything you need to know about I Bonds (the pros, cons, how to know if I Bonds are right for you, and when you should get an I Bond).  If you are looking to learn more about your personal finance, Medical Degree Financial University (MDFU) is opening up in June and we would love to see you there! Go to https://thephysicianphilosopher.com/mdfu-founder to learn more and join the waitlist!

What is an I bond? How do you buy an I bond? What are the risks? Are there risks? Who should buy I bonds? I bonds are a hot topic in the news because of the staggering high interest rates. So in this episode of Best in Wealth, I will answer these questions. I will help you decide if you are the right person to buy I bonds. Listen to learn more! [bctt tweet="Are I bonds a good investment? Should you buy some? Listen to this episode of Best in Wealth to hear my thoughts! #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement #Ibonds" username=""] Outline of This Episode [1:13] Control what you CAN control [6:23] What is an I bond? [10:40] How to buy an I bond [13:17] The risks of buying I bonds [19:00] Who should buy an I bond [21:17] What are the alternatives? What is an I Bond? “I bonds” is just another name for Series I savings bonds. The interest rate on Series I bonds is indexed to inflation. The rate changes every six months based on the previous six months' change in inflation. It resets every May and November. The current interest rate is 9.62% which is extremely attractive. If you were to take advantage of the annualized rate of return, you would want to buy them now. You would be locked in at 9.62% for six months. Inflation has been high, so we expect it to be high but will it continue to be? Will it be higher, or lower? I bonds can protect you from inflation, be used as supplemental retirement income, and can be given as gifts. They are subject to federal taxes. However, they are protected from state and local taxes. You can cancel them after one year. However, if you cancel them before holding them for five years, you lose the previous three months of interest. If I bought an I bond today and cashed it out in 18 months, I would only get the first 15 months worth of interest. But that 9.62% interest rate is attractive, right? [bctt tweet="What is an I Bond? Is it a good investment? I share what they are and who would be a good candidate to buy them in this episode of Best in Wealth! #wealth #retirement #investing #PersonalFinance #FinancialPlanning #RetirementPlanning #WealthManagement #Ibonds" username=""] How do you buy an I bond? If you wanted to purchase an I bond before tax season, you can use your tax refund to purchase I bonds. You would have been issued paper series I bonds, which you are limited to purchasing up to $5,000 per calendar year. You would have filed form 8888 and submitted it with your 2021 tax return. But most people do not buy them this way. How do they buy them? I bonds are available for purchase electronically, up to $10,000 per calendar year. You need to open an account with https://savingsbonds.gov/ (Treasury Direct). Once you do so, you will be able to buy and manage all of your bonds purchased from that account. Children under the age of 18 cannot open an account or purchase bonds but a parent can open an account and link it to their account and conduct transactions on behalf of the child. The risks of buying I bonds Is there a risk to this investment? I bonds need to be actively managed. If you buy them at the attractive 9.62% rate and inflation falls off a cliff (it eventually does), where does that leave you? The federal government does everything it can to control inflation by raising interest rates. If you are not managing your I bonds well, you can be stuck with low interest rates. At that point, online savings accounts may pay better interest than an I bond. In most brick-and-mortar banks, you will earn about a whopping 6 cents on your $50,000. You might be earning 0.4 or 0.5% with an online bank. As interest rates go up, brick-and-mortar banks are slow to react. Online savings accounts—which are also insured by the FDIC—react faster, letting you earn a higher interest rate. Even if you are managing your bonds—and achieving over 9%—what will it reset to in six...

Savings bonds are known for their low yields and relative safety. However, the recent inflation spike is creating a heightened demand for the Series I Bond. Today, we learn the mechanics of the I Bond and why it might be the hottest investment of 2022.

In this episode, Jackie Campbell and Monica Haberlin discuss collections like comic books, guns, coins, etc. and if they should be part of your overall retirement plan. Plus, does the shaky market mean we are leaning towards or against a possible recession. Finally, could an I-Bond compliment your retirement plan? For more information on Campbell and Company or to schedule a complimentary consultation, call 727-334-0024 or visit www.mycampbellandco.com 

Pastor Bill: [0:00] Hello and welcome to the live recording of season 3 episode 66 of the Berean Manifesto; Faith, Hope, and Love for the Modern Christian. I'm Pastor Bill, and as always, I'm here with Pastor Newms. How's your day Pastor Newms? How's your week been? Pastor Newms: [0:23] My week's been pretty good, work is busy I know that is my standard answer. “Works been pretty busy.” And then we've, since Friday playing a new game and a new ark in Star Trek dropped, so I've been busy with that. And we're playing Borderlands with Gaming With The Pastors and yeah that's pretty much it. Pastor Bill: [1:05] Well I don't know, that new ark dropped and we resurrected the Ferengi Commerce Authority - sort of, with alternate characters in Star Trek, that new game Lost Ark came out so I'm playing that some today. Trying to get my feet wet there because like you said we've been streaming Borderlands 2 but we want to start streaming Lost Ark. Right? And so… Or not. Do we want to start? We're going to stream that or not? Pastor Newms: [1:42] That is the plan we are going to stream it I don't know if I haven't decided and I know you probably haven't fully decided yet either, if we go straight into it or we do like one of our streams a week is it and then, one as Borderlands 2 because Jack still needs to pay. Pastor Bill: [2:07] Still needs to pay for what he did. Pastor Newms: [2:10] And what he's done since then. Pastor Bill: [2:13] You know killing and capturing and torturing human beings who chose to be in a fight doesn't really affect me as emotionally as, killing an animal that was co-opted into a fight that didn't actually choose it for themselves so. Pastor Newms: [2:35] I mainly meant the now we're talking about a video game let's be clear this is not actual human beings I was talking about the whole you found out that he had enslaved and tortured his own daughter for that long. Pastor Bill: [2:48] That's true he did that and then also he. Pastor Newms: [2:50] I assumed that would affect you more than a bird. Pastor Bill: [2:53] He co-hosts assume that would affect you more than a bird but. Pastor Newms: [3:01] Going off of you know. Pastor Bill: [3:03] I had forgotten that even happened. Pastor Newms: [3:05] You are so traumatized by the bird still. Pastor Bill: [3:08] I remembered that he's he he sent those Bandits to go kill his grandma. Pastor Newms: [3:15] He did he also killed his own Grandma the game does a really good job of just really making you hate him more and more. Pastor Bill: [3:23] And every time he calls himself the hero of the story it's just it's like oh. Pastor Newms: [3:30] And using the same voice actor for the propaganda media which just you know proves too handsome Jack's narcissism that he is the media, that is interesting. Pastor Bill: [3:50] So Jack needs to pay or rather John as his real name is we found out this week needs to pay calls himself handsome Jackie's real name is John, but yeah he needs to pay so that's that's where our focus is in gaming at the moment but, and then we've got Borderlands 3 to go through as well and all the DLC stuff for Borderlands 2 and. Pastor Newms: [4:11] That I'm less worried about and we probably will Lost Ark before that mainly because it's mainstream right now and, I want to but we're not going to do the same thing we're doing with, Borderlands 2 which is stream every moment of us playing I am definitely playing some without streaming and then streaming some solo, Lost Ark as well no matter what the title said that I didn't update on Twitch when I went left, yeah. Pastor Bill: [4:50] All right well it is your week to pull a card so if you want to go ahead and pull that card will do. Pastor Newms: [4:55] Already I've already pulled the car everything's ready. Pastor Bill: [4:58] Will do Getting To Know The Pastors. Pastor Newms: [5:02] As he pulls out the card if you could walk into I'm getting. I'm getting you're not wearing your headset. Pastor Bill: [5:15] I'm not wear my headphones I pulled him in earlier to let him charge and then totally forgot to put them back on. Pastor Newms: [5:23] Hmm I'm like wait why do I why do I, why do I hear myself to you okay he fixed it okay here we go if you could walk into any painting, and actually experience the moment or seen that it depicts which painting would you choose to enter. Do do do do do do do why. Pastor Bill: [6:02] Why would I want to be in a painting. Pastor Newms: [6:05] No no it's about experiencing the moment that's going on in the painting. I think something surrealistic. Pastor Bill: [6:24] Like I said horrifying. Pastor Newms: [6:26] Yeah like like what Phoenix just said of Starry Night something that is like a Van Gogh how would it actually feel to exist in that plane of existence. Pastor Bill: [6:37] Horrifying. Pastor Newms: [6:39] We don't know that for sure it could be releasing it could be. Pastor Bill: [6:47] Well let me try to find out I'm swirly now I'm swirly. Pastor Newms: [6:55] I have to say Biggs I would have to disagree with the Last Supper just because, since you're going into the paintings realization you wouldn't be sitting at the actual life supper you'd be sitting at the artist's representation of The Last Supper. Pastor Bill: [7:13] With an Italian Prince and prisoners from the prison down the road. Pastor Newms: [7:18] Yeah yeah I would that I would, that's the only reason I would I see where you're going and I could agree that it would be a fascinating place in history to be at but the painting itself, I couldn't I could dogs playing poker that'd be another good one Biggs has a point the food in that painting does look good, figs I love you. He's not wrong he's not wrong in in that statement of, it has he's not wrong the food in that painting does look pretty good better than the food they had there that night I guarantee it. Pastor Bill: [8:18] The answer is none for me I can't think of a single painting that I would want to be in. Pastor Newms: [8:27] I think I think I'd like to experience. A surrealistic painting or. Dogs playing poker. Because I would love to walk into that room and be like sup dogs and they'd be like and then have to have to act like dogs again. Pastor Bill: [8:46] But that's dogs that can play poker I just Mmm. Pastor Newms: [8:52] They have to then act like they were regular dogs because you know that's how dogs are in reality they're that smart but they've done a really good job of pretending just to be dog. Pastor Bill: [9:00] No they're not. Pastor Newms: [9:01] And that would be that would be them calling calling out that there. Pastor Bill: [9:06] That's so ridiculous it's beyond ridiculous. Pastor Newms: [9:19] Just to feel how it would feel to not be in existence as a three-dimensional creature that we are stuck experiencing currently. I think surrealism tends to grasp those Concepts that we don't experience this three-dimensional creatures. Pastor Bill: [9:42] Okay then. Pastor Newms: [9:44] Anyway. Pastor Bill: [9:49] All right. Pastor Newms: [9:50] Wait wait secondary question I just thought of a secondary question let me read the let me read it again, okay now it does specify painting. So it's not it does not specify work of art okay, my mind was going to like well a comic book is a work of art and if we could experience what's going on in it that'd be kind of cool but then I was like no way it specifically said painting so not work of art. Pastor Bill: [10:24] Yeah specifically say painting. Pastor Newms: [10:28] I'm going to find some painting and send it to you and you're going to be like oh go to think about that that one I'd like to experience. Middle middle of middle of our real discussion I'ma be like this and your me like oh maybe. Pastor Bill: [10:55] To my fan on here and it started making weird noises my desk fan, it's good now so okay so tonight the title of tonight is hate the what, and so there's this common phrase you know the phrase, oh that's what happened accidentally turned on my printer that's was making noise, so many people, well now Zeta charms in on what she would want the painting to write as she says the Sistine Chapel by Michelangelo or Van Gogh's sunflowers. Pastor Newms: [11:43] Hmm it would prove whether or not the doctor was actually there if you could experience the events of sunflowers. That's her Shady that's that's a tease Shady way of trying to meet the doctor you see you see what she did there a guarantee that was her mindset. Pastor Bill: [12:06] That that episode forever because of that episode whenever I see a sunflower or think about that painting I always think about, and so I can never stop that thought. Pastor Newms: [12:30] So Zaidiee to correct her to correct myself I mean she says her that's not her motivation she's always loved that. Pastor Bill: [12:38] Mmm. Pastor Newms: [12:39] So I will give her that. Pastor Bill: [12:42] And when you bring up Michelangelo all I can think about is his dog skin boots that he got peeled off of his feet and remade every 6 months. Pastor Newms: [12:55] That's not something I know. Pastor Bill: [12:56] Yeah he he had custom dogs can boots made for his feet and he would put them on and then just leave them on and every six months he would go and have them surgically removed, and a new pair applied. Pastor Newms: [13:26] They weren't even good looking like I was thinking like moccasin Style no. When he was more robust so once he was fat. And sometimes it has been so long and taking them off the subsequently along with the boots he slapped off his skin like a snake Okay that is nasty. Pastor Bill: [14:02] Okay so, we're going to be spending time in Colossians chapter 3 tonight so if you want to pull that up or if you want to type that into the restroom client for me so it shows up, Arrow everywhere. Pastor Newms: [14:16] Colossians 3:1. Pastor Bill: [14:17] Yeah well we're going to spend time in the pretty much the whole chapter so if you just want to put in Colossians 3 so people can turn to Colossians 3 if you want to see what we're saying and follow along there that's what we're going to be so, there's this phrase that always. Pastor Newms: [14:35] I've lost Colossians found. Pastor Bill: [14:37] Bugs me that we use in in circles Christian circles it is what is it, hate the sin Love The Sinner. Pastor Newms: [14:48] I don't know yes that is a commonly used phrase. Pastor Bill: [14:56] This is an awful phrase that you should stop using if you're using this phrase you need to stop and we're going to find out why tonight just like last week we found out why we can no longer call Thomas doubting, this week we're going to find out why you can no longer say hate the sin Love The Sinner so we get this idea of hate the sin Love The Sinner from Colossians, um and the actual verse that inspired this this thought process is Colossians 3 verse 5, and we have to go to the King James version to get to the hate the sin, love the center part of this it is mortify Therefore your members which are upon the Earth. If we go to the CSB it says therefore put to death what belongs to your Earthly nature, which is more accurate in the Modern English to what, Colossians 3:5 is trying to express in the Middle English when you go to read that and somehow this idea of mortify became. But that's not what it means and it isn't intended as a statement for you too, look at someone else, and hate their sin it wasn't intended for you to use as this idea of well I don't approve of what you're doing but I love you that's not what this verse is talking about at all, this whole this chapter is an is an internal statement mortify put to death, the sin in your own life in your own body identify the things that separate you from God the things that the holy spirit is dealt with with you, that need change and address those that's that's where this is, and then the author of the author Colossians is Paul, probably Timothy actually, this is probably Timothy writing down notes base off of what Paul has been teaching him and Paul gets first credit because well he's Pole. Pastor Newms: [17:35] Well and they're they're his teachings written down by someone. Pastor Bill: [17:39] Paul an apostle of Christ Jesus by God's Will and Timothy our brother, is who gets credit for writing this so most likely this is Timothy's hand based off of Paul's teachings, so let's just dive in we're going to start in verse 1 and will will kind of be stopping from time to time 22 commentary how's that sound. Pastor Newms: [18:05] That that is what we standardly do. Pastor Bill: [18:07] So newms if you want to comment are you just let me know and then you can comment as. Pastor Newms: [18:11] I'll just talk over you I don't mind. Pastor Bill: [18:15] So Colossians chapter 3 once again we're just going to start in verse 1, so if you have been raised with Christ seek the things above where Christ is seated at the right hand of God set your minds on things above not on Earthly things, for you died and your life is hidden with Christ in God, when Christ who is your life appears then you also will appear with him in glory. If you followed along with breed Manifesto for a while or you've gone back and you've studied all of what Paul wrote in Romans and Corinthians, this is a loaded paragraph pointing back at a lot of Paul's teachings and when he says, Earthly things Paul spends a lot of time talking about how, the traditions of religion the traditions of man the the things that the church has set up the restrictions the church is set up these are Earthly things as well, he's not just talking about drinking and and and doing drugs and sex and around he's not talking about those, exclusively as Earthly things Paul does a really good job of what comes to mind is the passage where he says, um Don't touch don't taste don't indulge these are all human restrictions have nothing to do with your spiritual life and your spiritual issues with God, um So that was through verse for picking back up in verse 5 where we know the verse that spawned this statement, therefore put to death what belongs to your Earthly nature and he gives us a list of things that they've identified in their culture, in their lifestyle and their times that were things, that in themselves they need to put to death does this little still stand today, that's between you and God are the things on this list that don't exist today as standing in between you and God that's between you and God but the list they have here a sexual immorality, impurity lust evil desire and greed which is idolatry. Because of these God's Wrath is coming upon the disobedient and you once walked in these things when you were living in them, but now put away all the following anger wrath malice slander and filthy language from your mouth, do not lie to one another since you've put off the old self with its practices and have put on the new self you are being renewed in knowledge according to the image of your creator, in Christ there is not Greek and Jew, circumcision and uncircumcision, Barbarian, Scythian, slave and free, but Christ is all and in. Okay we're all the same we all have struggles we all have things that, pull us down we all have things that we were slaves to when we were a slave to sin the very thing that Christ died to fix to Deliver Us from being slaves to sin, in Christ we've dealt with that because there there's no dividing line there, it doesn't matter if you were born a Jew or if you were born a Greek it doesn't matter if you were circumcised or you weren't circumcised doesn't matter if you're a barbarian Scythian a slave or Freeman, Christ is all and in all. Pastor Newms: [22:08] You're listening you're listening people groups from that time period and when you said Barbarian I thought to myself what is gaming have to do with, and then I was like oh no no no no the the group of Barbarians that existed during the time of this writing now. Pastor Bill: [22:31] Another We're actual Barbarians than. So now we're addressing specifically Christians Christ is all and in all all of us a body of believers, Christ is in us right, therefore as God's chosen ones holy and dearly loved put on compassion kindness humility gentleness and patience, bearing within one another and forgiving one another if anyone has a grievance against another just as the Lord has forgiven you so you are also to forgive, all right. When you love someone when you walk in love these are the fruits of love compassion, kindness humility gentleness and, right so if you say I'm going to love the sinner now first off. I hate this idea of Sinner, because the whole new testament over and over and over paints a picture of a slave to sin, no one was not a slave and then CH of sin and then chose to become a slave of sin and therefore is a in the modern term sinner, we were born slaves to sin and therefore given no choice, but to sin that became our only choice because we were a slave to it but saying you are a sinner is placing that fault on the person, when the fault of this whole thing isn't on that person, because there were born a slave in Christ came to set us free from the slavery of sin. Newms stop looking for paintings to send me into. Pastor Newms: [24:55] I'm not looking for paintings I'm reading things no I do agree with you I stopped looking for paintings I looked through about 50 of them and none of them jumped out at me that you would want to be in there so I stopped no I, I agree with you in, the it's that whole connotation versus diction and the whole we've made, 31 minutes today and the whole fallacies of the English language. Pastor Bill: [25:27] Sorry my English language. Pastor Newms: [25:29] What sinner means and what Center is the term Center, means someone who is in sin and not, saved from sin and freed from sin in biblical, thought processes the problem is is we have as a culture taken that thought process of, well a sinner is someone who is actively sinning in a way that normally, my personal beliefs don't agree with and so we've made that word a loaded word, in not what it actually means which is someone who like you mentioned needs to be freed from their sin through Christ and, I think that's something that that loaded aspect, is where the big Crux of the conversation ends up with situations like this because I believe in its originality the phrase. Hate the sin Love The Sinner, or it's supposed to be love the sinner hate the sin love the sinner hate the sin is how it is supposed to be said to put the emphasis on love first, the love of the person first and the hatred for sin not, sin that's being committed by someone but sin in its entirety of the consequences of it, and the fact that we are slaves to it was, in my mind and how I've always taken it that original belief I hate the aspect of what sin can do to a person the consequences of it the things that. That happened because of it I hate the fact that we're all stuck in it I hate the fact that those aspects the problem is, is a lot of people use it very hypocritical lie, in the fact that they are actually judging the person and using that as the excuse, for not fully embracing the person but loving the person. Or this Southern aspect of oh God bless their soul they're just going through this right now. Pastor Bill: [28:30] I think though. Pastor Newms: [28:31] And you're like I don't think you're supposed to. Pastor Bill: [28:33] I really really don't like the phrase at all even the way you're seeing it I don't like the phrase at all because what it does is it says I know what a sin for that person, and I know better than they do and I can hear the Lord better than they can and so I'm going to pass judgment on what is sin in that person's life. Pastor Newms: [28:56] We'll see that's the difference it shouldn't be in that person's life The Love The Sinner means we love all, no matter what unconditionally it has nothing to do with the sin the problem is people took that phrase and attributed it to the same person I love this person I hate what they're doing that's. Pastor Bill: [29:20] The only way I've ever. Pastor Newms: [29:21] That phrase is. Pastor Bill: [29:22] Ever heard it used ever. Pastor Newms: [29:24] I agree but that's not what it was intended originally when I was looking at it, throughout today originally it was we need to love everyone and not judge them we hate sin and its consequences as God hates sin and its consequences, so we should it was originally we should not, I attribute that to that we should be separating it it's one of those phrases that is overtime, changed in morphed to what we do today which is use it as a judgmental phrase even let's be honest when we don't really mean it there are people who have used it. And not realized how judgmental it sounds and not meant it as an attack, when it really is and so it's a phrase that like so many others has become. Pastor Bill: [30:27] Ninety-nine percent of the time it doesn't matter what you intended to say as much as it matters how it was. Pastor Newms: [30:37] How it was taken yep and that's one of the issues with human human humanality. Pastor Bill: [30:43] Humanality. Pastor Newms: [30:46] Humanality is not a. Pastor Bill: [30:47] I like it though I'm gonna start using it human that I'm going to go put that on Urban Dictionary right now. Pastor Newms: [30:52] No I would not go to Urban Dictionary and type anything don't go searching that on don't do it. Pastor Bill: [30:58] Urban dictionary. Pastor Newms: [31:00] I have no idea but I don't advise it, so the way we the human psyche works you know it doesn't matter, what is said to you it matters how you feel and even when you take a step back and you're like okay that person didn't mean to attack me it's still very hard. Pastor Bill: [31:24] Oh Pastor Newms: [31:26] Yeah I told you not. Pastor Bill: [31:27] Don't go search humanality. Pastor Newms: [31:30] What did I say what did. Pastor Bill: [31:30] And don't use that word anymore. Pastor Newms: [31:33] Pastor Bill what did I say. Pastor Bill: [31:35] You said don't go look it up I went and looked it up. Pastor Newms: [31:41] Because all I did was think about all the letters that are in there and where it would end. Pastor Bill: [31:44] Yeah it was bad. Pastor Newms: [31:47] I told you not to you should trust me I've been in the worst parts of the internet. Pastor Bill: [31:51] That was bad don't do it. Pastor Newms: [31:54] Don't do it so I think that's something that, we often forget and I was having a conversation recently with someone about this whole situation of you know we are saying one thing, the people were saying it to feel completely different to what we're saying. Pastor Bill: [32:23] They're hearing. Pastor Newms: [32:24] And often times yeah they hear something completely different and that's why we have to be so so, careful with language and there's so much in certain circles, um especially Evangelical groups of well that person's just being said, and we look at it from a standpoint of I don't mean anything wrong by this word so I should be able to say this word but if the word or the phrase truly offends people, not people that are looking for a fence and just looking to dismantle you but they are truly hurt by something, which you can't judge you have to take it on their word that hey please don't use that phrase okay cool I won't use. Yeah and and we have to, try to do that we look at Paul's teachings of you know when I'm here I do this when I'm there I do that you know. Pastor Bill: [33:34] Being all things to all people. Pastor Newms: [33:35] Where we get the phrase where we get the phrase When in Rome, comes from his teaching of we have to be like the people around us to a certain degree in order to reach them and part of that is having that type of empathy and not using loaded phrases that have been used to attack people. Pastor Bill: [33:56] And Paul of all people knew this because he grew up. Pastor Newms: [34:02] Attacking people. Pastor Bill: [34:02] In well he grew up in the upper echelon of society you know in. Okay my brain went blank so continue I don't know. Pastor Newms: [34:13] The Pharisees. Pastor Bill: [34:18] I have no idea I don't even know what we were talking about. Pastor Newms: [34:20] The sect that Paul was growing up that Saul was being raised into in the in the in the teachings. Pastor Bill: [34:28] Okay I don't know. Pastor Newms: [34:31] Man your mind went. Pastor Bill: [34:32] I don't know how that's germane to what we're talking about I can't remember what you said.   Pastor Newms: [34:40] I'm Paul Paul understood using the correct language, amongst people because he was raised in the higher Echelon is the word you used I think of society okay cool, but yeah I mean it's something that we have to be very cognizant of and I think oftentimes, we as Christians art and so often as humans humans over all we seek to. Prove ourselves so when someone says well that's offensive well I didn't mean it that way it doesn't matter your, well I shouldn't have to change for that person but you kind of should you know if we want to reach people we have to at least be. Fundamentally respectful and show love and part of that is coming down, them coming and when I say down to them I don't mean that Christians are above anyone I mean getting into the same mindset into their minds down into them not down as a nun better. Pastor Bill: [36:13] Drilling down into. Pastor Newms: [36:15] Of their psyche yeah yes feet let's be clear. Pastor Bill: [36:18] Not coming down to drilling down into. Pastor Newms: [36:22] Let's yeah let's be clear on what I mean by that the, it's such an important aspect because in order to truly Reach people we have to, understand them we have to be sympathetic Jesus did not, hang out with Pharisees all day and hang out just with church people and act like church people, he hung out with fishermen and sat on fishing boats I'm sorry I love Jesus I do, we know that's the whole point of me being. Pastor Bill: [37:05] Probably mad man probably smoked like a fishmonger to hug though. Pastor Newms: [37:10] That man probably stay, and and I have problems I would have problems today if you were like I need you to go on a fishing boat, I'm be like I am the pastor of twitch I don't have to smell these people um I would have trouble personally I have trouble going to events, especially events that I thoroughly enjoyed as a nerd wearing a Venom shirt with my best friend wearing a DS9 shirt, I have problems going to nerd conventions because some of y'all don't shower, and that is not a personal attack that is just you get that many people in one room, sweaty this happens and if you are or aren't wearing deodorant hardcore comes out and if you're wearing bad deodorant it shows and some people are wearing way too cheap of deodorant for wearing a cosplay. Pastor Bill: [38:08] So I was I was at my mom's last night we were at dinner and we were talking about, um foods that Jesus ate in his lifetime and we started with foods that he probably ate and then I was thinking about it and I was like you know what, the only food that ever Point Blank says Jesus ate was fish and bread. Never talks about it meaning anything else, I mean obviously had a lamb because it was part of the Passover meal but it never actually says and he took the lamb and but it twice says that he ate Fish Point Blank says that he ate fish and once Point Blank says that he ate bread, now obviously drink wine he drank a lot of wine because everyone drank wine he probably started drinking wine and he was 13, um because you know clean water is hard to find clean wine is easy to find so everyone was drinking wine, it just struck me as odd, um and the fish thing it only ever says it after he resurrected twice after he resurrected he had a fish meal, and the bread was at the Last Supper. That's funny. Pastor Newms: [39:34] Down it but this says short answer a lot of bread, short answer a lot of bread that that's that's funny and they probably dipped it in olive oil. Pastor Bill: [39:54] Or wine but it was come to a bit in wine common to dip it in olive oil. Pastor Newms: [40:01] It's fish because they were there and his disciples were fishermen so that's what they knew how to get. Pastor Bill: [40:08] Yeah the new how to get fish. Pastor Newms: [40:09] Um I mean it's and he would be kosher of course so. Pastor Bill: [40:17] I was thinking about that too what do you be kosher since he was Spirit-filled couldn't eat anything you wanted. Pastor Newms: [40:24] He could have but I can almost guarantee. Pastor Bill: [40:26] Like when he was in private when no one was around he could have eaten anything he wanted to and he wouldn't if I was anyone. Pastor Newms: [40:32] But let's he wouldn't have but let's be honest the the ability to even get that kind of food. Pastor Bill: [40:43] They were occupied by Roman soldiers it was easy to get that kind of food. Pastor Newms: [40:46] No I'm saying I'm saying financially wise money you know it would been easier for him to have just been he could have we don't know but it would have been easier because we all know Jesus love to do the easy thing. Pastor Bill: [41:01] And we know he ate on a regular basis because when he's at the well and he meets the won't the Samaritan at the well, he had sent the disciples off to go get dinner go get some dinner bring it back we'll eat it here next to the well will you next to Jacob's Well they come back with the food they're like hey we got food for you and he's like I'm not hungry anymore I'm good, what did you did you secretly have food and sent us off to get food and he's like no no I had food you didn't know of but it wasn't food, what what did you say. Pastor Newms: [41:35] Yeah that was that was Jesus. Pastor Bill: [41:41] I got all tied up in Ministry and it satisfied me so. Pastor Newms: [41:45] Yeah. But yeah so I think it's something that we really have to search our own hearts and ensure that we are not doing things like using that phrase. Pastor Bill: [42:07] Well we just shouldn't use the phrase because we talked about the way things are being received phrases like that aren't being received well at all so we should stop using them. Pastor Newms: [42:15] They're not being received well but what I mean is phrases like that I don't disagree but what I'm saying is this phrases like that should, we need to search ourselves to make sure we're not feeling, those types of emotions of I hate what that person's doing but I love them because that in and of itself is being. Pastor Bill: [42:42] And that phrase I've heard you use a lot in reference to homosexuality. Pastor Newms: [42:49] That phrase is used a lot in that it's used a lot for people who how I grew up it's used a lot for people who drink it's used a lot for people who, living morally the whole he lives with his girlfriend you know things like that well I can't judge them. Pastor Bill: [43:10] You just judged them you're judging them right now. Pastor Newms: [43:11] You already did like I'm not judging them but they really need to think about their life choices. Pastor Bill: [43:17] No you're judging them right now that's what that is. Pastor Newms: [43:20] Yeah it's not on me what they do. Pastor Bill: [43:26] And there is an appropriate time to judge its win, you've shown love and they've welcomed you in as a trusted member of their Circle that's the time to go hey I don't think this is good for you but as a stranger that's not your place. Pastor Newms: [43:47] Yeah and the biggest thing is the aspects of hating sin, not because you hate that someone is doing something you see as Sin it's supposed to be hating the consequences, that you see them going through, you know the person who has the occasional drink no big deal the person who's the Raging alcoholic and they're stumbling into work and their family life is failing and everything around them is crumbling because they drink too much. Pastor Bill: [44:23] That's a problem. Pastor Newms: [44:23] It's not it's the hey I'm your friend can we talk about this because it's affecting your life there's negative consequences and it's those negative consequences that we have to focus on and try to help people with out of love of helping save them from negative consequences you know something that I've had a conversation with, in the past and I typically don't like to touch on specific things, during here because you know it can cause issues but someone asked me you know is it wrong to live with someone before you marry them, and I'm like well it depends on your intention and what do you mean by Mary I mean so it's that aspect like well in God's eyes will and God's eyes marriage is not the piece of paper that the government gives you. Pastor Bill: [45:14] Or the ceremony or any of that. Pastor Newms: [45:16] It's the commitment that you give to someone to spend the rest of your so you can do that outside of, anything else that commitment of this is the person spend the rest of my life with this is the person I Bond myself to this is the person. Pastor Bill: [45:32] If you're just fooling around and wasting each other's time for six months because it's more convenient, then that probably isn't good for either one of you and would be categorized as therefore sin because it's going to leave both of you broken and hurting and you know what I mean. Pastor Newms: [45:50] It has lasting effects. Pastor Bill: [45:53] And that's why we would call that sin because of the lasting negative effects. Pastor Newms: [46:00] There's that is what partially attributes to partially not fully partially attributes to the mindset we have As Americans of well in our, overall time period we live in of throwaway relationships, you know we view relationships as throw away because we train ourselves from when we were little, that oh I have a boyfriend no honey you're 6 you ain't got you ain't got a boyfriend you have a friend that's a boy that you like to hang out with more than the other boy. Pastor Bill: [46:32] And that's cool that's fine. Pastor Newms: [46:33] Good job you know. Pastor Bill: [46:35] Intimacy Intimacy in a relationship does not equal relationship romantic that's not how that works. Pastor Newms: [46:45] So because of that I think that that that that throwaway nature that we treat our lives with then affects us as we get older and we continue to, I believe we can easily throw away relationships, and so that continues to affect us forever and we see it all around us so it's not just a certain necessarily a it's a condition thing at this point that's why I say it's from children it's not just a, we see it all the time and so because of that we view it as okay now there are times when a relationship needs to be thrown away let's be clear not saying divorces, Eddie biblical cuz it's not there are times there are let's be clear. Pastor Bill: [47:32] If you're being abused leave don't work on your marriage from inside abuse if you want to save your marriage get to safety then save your marriage, period no get to safety I'm not I'm not. Pastor Newms: [47:52] No no get to safety there's not always a time to actually repair this. Pastor Bill: [47:55] No I'm saying if you want to save the marriage if you want to say get to Safety First. Pastor Newms: [47:58] I know yes get to safety first and then logically think about what the next step should be because some dudes and some chicks let's be clear, dude don't get. Pastor Bill: [48:15] The occlusion house the breed Manifesto we will never endorse oh just suffer through it no, no there's no there's nothing biblical about just suffer through it that that's not reality that's that's disgusting all right. Pastor Newms: [48:36] Again human beings making a judgment on someone else's lifestyle and how they should live their lives as opposed to any. Right that's the thing is is the importance is, the faith hope and love greatest of these is love you know I'm saying it sarcastically because we say it so much it sometimes becomes so it's a joke, but the thing is is it is what is most important in these things when we look at a phrase like this that I've used for years, I come from an independent fundamentalist you know, Baptist background then Southern Baptist then whatever I was and now whatever I am and, I used to use six words to Define my Christianity which is just insanity and doesn't make any sense but, I thought I had to put it in a box and so I did and you know we coming from that background it's a comment. Pastor Bill: [49:47] Humans humans and our boxes in our labels. Pastor Newms: [49:50] We love boxes and this is one of those times that we do this is how this is one way that we put other people in a box that person is a sinner I love them, but I hate how they are that's not love. Pastor Bill: [50:10] That's not love. Pastor Newms: [50:13] Love is I love that person I. Pastor Bill: [50:15] Regardless of how they are hmm. Pastor Newms: [50:17] I love everything about them and then at a certain point, hopefully they allow me into their lives two if they allow me into their lives, I can help them through issues that are affecting them negatively not because I believe it is but because at a point of friendship they will tell you until they start complaining about something that's affecting their life, you don't get to step in because that still you being judgmental. Pastor Bill: [50:53] You wait to be invited in. Pastor Newms: [50:57] Otherwise we have to show love we have to come alongside them we have to support them in all the ways that we can. Pastor Bill: [51:04] You don't get to decide for someone else what is sin in their life. Pastor Newms: [51:10] Yeah. Pastor Bill: [51:14] All right well that's all we have for tonight for you guys I hope it enrich your, Christianity your walk with the Lord or if you're not a Christian I hope that helped you to understand, um some of the things you're seeing in the Christian world and dealing with people that call themselves Christians and may not be living out these examples, and I hope you can find a place of peace with that and find you know what you're looking for why are you, here why are you you know watching our our stuff listen to our stuff. Oh we've got a guy on Twitch the plainest I appreciate you coming I appreciate you chiming in letting us know that this did help you tonight so thank you for that, affirmation there that actually helps me a lot Xander what thank you on Twitch I'm glad that you enjoyed it, God we have so many people here tonight with us we do film this live every Sunday at 6:30 p.m. Central Standard Time and you can join and watch on Twitch Facebook YouTube, and then the audio version and the transcription come out on Wednesday nights at 7 p.m. in those same places so if anybody wants to join us live on Sundays you can if you want to just, listen to the podcast you can get that anywhere you get podcasts that would be awesome Pastor Newms you look like you're intense with anticipation to say something. Pastor Newms: [52:53] Well I wanted you to I need you guys to be we need you to wrap up and then after the wrap up I'll bring it up because it's not it's not it's not pertinent to podcast things it's just. Trying to see that I have the voice on in the twitch stream and that's why I'm getting feedback is not from you and I was trying to get on to you again and it's not you it was me yes. Pastor Bill: [53:22] We also have what we do called Gaming With The Pastors that we mentioned earlier where pastor Newms and I go as Pastor feet when I'm gaming we play games we were doing Borderlands 2 and we're going to start doing some Lost Ark so if you want to follow Pastor Newms on Twitch that you can get an update on when we go live with that we'd love for, people to come hang out with us when we're doing that and yeah so that's what we got going and we hope that you guys can all be a part of what we got going on. Pastor Bill: [53:52] I love you guys and I hope you have a great week. Pastor Newms: [53:56] And be safe out there. Pastor Bill: [53:57] Until next time.

EPISODE DESCRIPTIONNavigating a Rising Interest Rate Environment.Mortgage interest rates and what do you do when rates start creeping up like they probably will this year? Tax efficiency in retirement, taxes on hurricane losses, and I-Bond taxes.   Brandon Allen Bergeron, Wealth Advisor with Gregory Ricks & Associates joins the show. (10a-1p)Winning at Life Show Contributors join the show.1) Dwayne Stein with Mortgage Gumbo (10am hour) Gregory and Dwayne share insight into how you can navigate a rising rate environment.2) CPA Jude Heath with J Heath & Co., LLC. (11am hour)Gregory and Jude discuss tax efficiency in retirement, taxes on hurricane losses, and I-Bond taxes.   Brandon explains how first visits with Gregory Ricks & Associates work. Caller questions include:Social SecurityCD'sCash InvestmentsPay Back UnemploymentTaxes on Hurricane LossesRetirement TaxesI-Bond taxesInvestment Advice

Tim Baker talks through two I's that you might be overlooking as it relates to your financial plan: inflation and I-Bonds. Key Points From This Episode Kicking off with inflation; what the term actually means and why it's the current hot topic. Breaking down the inflation statistics and how it's affecting your buying power over time.  Encouraging the listener to start by listening to Ask a YFP CFP® episode 93 Introducing I-Bonds, not to be confused with E-Bonds. Who the I-Bond is suitable for, and the big potential drawback: the holding period. Some of the interesting and quirky rules of I-Bonds. Why methods to protect you against inflation are important. How folks often underestimate their nest egg needs because of not considering inflation. Talking about inflation in the context of an emergency fund. Tim offers some different ways you can slice the apple, depending on the scenario. Links Mentioned in Today's Episode Join the YFP Tax Waitlist Investopedia: What is inflation? Your Financial Pharmacist Webinars Ask a YFP CFP® #93: Is it ok to have a portion of my emergency fund in electronic U.S. Treasury Savings Bonds? TreasuryDirect Series I Savings Bonds: End-Of-Year Strategies To Take Advantage Of The Current High Interest Rate YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Your Financial Pharmacist Disclaimer and Disclosures

If you have cash savings that you will not need for at least a year, consider investing in US Government I Series Savings Bonds. Check out the Treasury Direct information page for Series I Savings Bonds: https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm#irate  The I Bonds you buy between now and April 22, 2022 will earn you at least 3 1/2 percent interest over 1 year. After that you should reevaluate and consider redeeming them if other cash savings rates are better.The interest that the I Bonds pays has two parts. The first part is based on a bond interest rates when you purchase your bond . This interest is fixed for the life of the bonds which is 30 years, unless you sell it first. This fixed part rate for is now 0%. Now the second part is a floating interest-rate. So you know that if you invest now, that the first part is gonna be 0%. But the second, floating rate is based on inflation and changes every six months in November and April. We had an inflation spike in 2021 . Because of that recent spike in inflation the floating rate for bonds purchased through April 2022 is 7.12% annualized. What this means is for those first six months you'll earn 3.56% on your bond which is half of the annualized rate. Then the floating rate will change for the second six months. The floating rate could also drop to zero if there is no inflation. But even if that happens you would still have a total of 3.56% return for one year.You can buy up to $10,000 in electronic I Bonds now for calendar year 2021 and up to another $10,000 for calendar year 2022 after January 1st. The bonds are backed by the federal government and it guarantees you will get you money back, plus the interest. You will pay federal income tax on the interest when you redeem the bond, but they are exempt from state tax. You cannot redeem I Bonds in the first year. And if you redeem within 5 years of purchase, you will forfeit the last 3 months of interest earned. The unusual combination of recent high inflation and low general interest rates make the return on I Bonds you purchase between now and the end of April 2022 a pretty good deal compared to other places you can stash your cash.If you are interested, you buy electronic I Bonds directly from the US Treasury online for amounts from $25-$10,000. You purchase these online directly from the Treasury at https://www.treasurydirect.gov/global_open.htm  Each person can buy up to $10,000 in electronic I bonds each calendar year. To open an account you will need your drivers license, Social Security number, and bank routing and account numbers for the electronic transfer of funds and you can designate one beneficiary for your bond.You can also buy I Bonds as a gift for someone else including minor children. That person would also have to have a treasury direct account. More information is here: https://www.treasurydirect.gov/indiv/planning/plan_gifts.htmThere are also paper I bonds they can only be purchased with a federal income tax refund. You can use up to $5000 of any refund on your federal taxes to purchase these paper Io bonds. More information at https://www.treasurydirect.gov/indiv/research/faq/faq_irstaxfeature.htm And this $5000 limit is in addition to the $10,000 a year electronic I Bond. You would need to file IRS form 8888 with your tax return to do that.If you'd like more information on bonds in general, check out Episode 53 Bonds. And for an overview of paces to safely invest cash listen to Episode 39 Stash the Cash. Have a wonderful Christmas and we'll talk again next week.

In this episode Art McPherson and Luke McCarty discuss the I-Bond and why it's something positive the government is offering for our money management. Plus, the pros and cons of jumping back into the workforce after retirement. Finally, we find out why Luke loves watching Hallmark movies alone.  For more information on the McPherson Financial Group or to schedule a consultation, visit www.artofmoneyradio.com   

In this episode Jackie Campbell discusses how rising inflation will affect your Holiday plans, but there are steps you can take to minimize the pain. Plus, what's an I-Bond and is it too good to be true? Finally, we put the Holidays in perspective with the importance of family and Jackie details what that first appointment looks like with Campbell and Company.  For more information or to schedule a consultation, visit www.mycampbellandco.com 

You can use an I-Bond to save in a low risk product that helps protect your savings from inflation and now have an interest rate of over 7%. In this episode Damon and Matt discuss the pros and cons of an I-Bond and if they could be beneficial to your portfolio.  For more information on Acute Wealth Advisors or to schedule an appointment, visit www.successinthenewretirement.com 

To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29 The lowly I bond may be the Cinderella of fixed income securities. It's almost always left out when folks diversify their portfolios. But these days, the I bond could become thebelle of the ball! I bonds have a feature lacking in many other fixed income securities: built-in inflation protection, something that's becoming increasingly important. An I Bond, or Inflation Bond, is an interest-bearing U.S. government savings security. They have a 20-year initial maturity, plus a 10-year extended period for a total of 30 years. They're used as a hedge against inflation. There are drawbacks to the I bond, especially if you were looking to rebalance a significant portion of your portfolio with them. You can only buy up to $10,000 worth of I bonds, per person, each year. You can't redeem an I bond until a full year after purchase and there's an early withdrawal penalty. Also, you can't put them in a 401(k) or a traditional or Roth IRA. Youcanpurchase another $5,000 worth each year with your tax refund. To purchase these, go toTreasuryDirect.govand look for the link for How To Buy Series I. The reason you probably haven't considered I bonds in the past is because of their terrible track record over the last 20 years or so. However, they're now considered quite the hot commodity in investing circles. Buying I bonds for your portfolio is not investing. These bonds basically have zero risk, so the return is appropriately low. Compare buying these to buying gold, which some people also do to fight inflation. The difference is that with gold you have absolutely no guarantee that your holdings will keep pace with inflation. In fact, you can lose money with gold. There's no chance of that with an I bond. On today's program we also answer several of your call-in questions: You've said that your mortgage payment should never be more than 25% of your take-home pay. Should this principle apply to both spouses or to just one? We'rebothworking. What's wrong with buying a lottery ticket here and there? We have a 4% interest rate on our mortgage and we owe $110,000. The home's value is around $230,000. We pay an extra $400 per month on the principle. We're considering refinancing. Should we just pay the house off? We're not sure what we should do. I have an old HSA from a previous employer. However, I'm about to have elective surgery and I'm wondering if it's better to go ahead and use that account right away or just to pay for the surgery out of pocket and then take the distribution at a later date to let the money grow in that account. Remember, you can call in to ask your questions 24/7 at (800) 525-7000 or email them toQuestions@MoneyWise.org. Also, visit our website atMoneyWise.orgwhere you can listen to past programs, connect with a MoneyWise Coach, and even download free, helpful resources like the free MoneyWise app. Like and Follow us on Facebook at MoneyWise Media for the very latest discussion! And remember that it's your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking the Donate tab on our website or in our app.