ibonds vs treasury bills: Which is the BEST investment in 2023?

[@terryxavier1881]

So my I bond is at 3.38 now. I purchased on August 4th '23. I'm considering cashing out soon, should i wait till November?

[@TravisSickle]

this is sort of the trap of ibonds.

[@timthornton3010]

It looks like the new composite inflation rate for November will be 1.97% (or 3.94% annually), up from the 3.38% you are getting now. It is up to you to decide if you still think it is worth holding onto for another six months at this rate.

[@terryxavier1881]

@@timthornton3010 Thanks Tim, I have decided to redeem my bond on Nov.1st. Since my fixed rate is 0%, there are many better places to re-invest my 10 grand!

[@mekkv194]

I think it’s best to sell your old ibond and buy again to get the higher fixed rate if you want to stay invested in ibonds

[@terryxavier1881]

I'm out of Bonds and switching to T bills. 12 month T bill will get about the same rate with no change at 6 months.

[@DiegoMedeiros-oj1sn]

What if I have 500k or a million dollar and want to get the profit every month and let the money I invested into that. Which one would work better? Treasury bills/bonds or S&P 500? Thank you.

[@TravisSickle]

That's a great question. Reach out directly for help if you're interested. calendly.com/sicklehunter