May 2022 rate confirmed at 9.62%. Official press release. The variable inflation-indexed rate for I bonds bought from May 1, 2022 through October 31, 2022 will indeed be 9.62% as predicted. Every single I bond will earn this rate eventually for 6 … [Read the rest]
Savings I Bonds May 2022 Inflation Update: 9.62% Interest Rate!
Cash Rates Early Update: 5-Year CDs at 3% APY, 5-Year MYGA Rates at 3.65%
I'm going to wait a bit on my full May interest rate update, as I expect more rate changes early this week. Even the rates quoted below may become outdated quickly, but I wanted to point out certain rates at multi-year highs and also near the … [Read the rest]
Vanguard’s Special Tax-Efficient ETF and Mutual Fund Combo

This is a bit of an "inside baseball" topic appealing only to serious DIY investors, but I found this FT article about Vanguard's unique tax-efficient fund structure quite interesting. Apparently, Vanguard has both a patent and special SEC … [Read the rest]
Mastercard Free ID Theft Protection and Credit Monitoring

Update April 2022: Just a quick update that this has been a useful, additional free identity theft protection service. Today, I electronically signed some "power of attorney"-type papers through Docusign and they had me answer some identity … [Read the rest]
I Savings Bonds: Nearly 10% Yield + 10X More Popular!

Nothing like a 10% yield with no principal risk to attract more attention to a quiet little investment option. The WSJ has a new article What Are I Bonds? Everything You Need to Know to Earn Nearly 10% Interest as a follow-up to The Safe Investment … [Read the rest]
Vanguard Customer Service Complaints

Vanguard is based right outside of Philadelphia, so the Philadelphia Inquirer often provides helpful insights on the company. Their new article Vanguard clients take to social media over customer service mishaps (possible paywall?) provides a good … [Read the rest]
Till Financial Review: Kid Banking App That Teaches Compound Interest

There are many apps in the "reloadable debit card for kids" category, where parents can transfer money into their account and kids can spend it. However, I have been looking for a better app that can illustrate the power of compound interest and … [Read the rest]
Warren Buffett Charlie Rose Interview 2022 (Berkshire Annual Meeting)

The 2022 Berkshire Hathaway Annual Shareholder Meeting will be held in-person in Omaha, Nebraska on Saturday, April 30th. It will also be streamed live via CNBC webcast starting at 8:45am Central Time (6:45 Pacific). As a sort of promotion for … [Read the rest]
Know What You Own: Real Estate Investment Trusts (REIT) Infographic

Often you'll hear investment advice like "just buy an index fund and forget about it", but when a severe crisis occurs, it's really hard to just forget about it. Substitute advice like "sell now and wait for the dust to settle" may start to sound … [Read the rest]
INVEST: New American Express and Vanguard Co-Branded Robo-Advisor

I had to double-check the date when I received the press release for this product to make sure it wasn't April 1st. 🤯 INVEST is a new partnership between Vanguard and American Express, but Vanguard provides all of the financial investment … [Read the rest]
MMB Portfolio 2022 1st Quarter Update: Dividend & Interest Income

via GIPHY Here’s a slightly-altered quarterly update on the income produced by my Humble Portfolio. I track the income produced as way to add a different view of performance. The total income goes up much more gradually and consistently than … [Read the rest]
Wells Fargo $1,500 New Business Checking Account Bonus (In-Branch Only)
(Update: Looks like Wells Fargo ended this promotion early. Hope those interested got the code while they could.) Wells Fargo has a $1,500 bonus offer if you open a new business checking account in a physical branch with a special bonus code from … [Read the rest]
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