Confused about I bonds? @wealthparatodos to the rescue.⁠ ⁠ Next Wednesday, October 5th, at 7pm ET, NextAdvisor will be hosting a free webinar entitled “Series I Bonds 101: Everything You Need To Know.” Link in profile to register.⁠ ⁠ The event will be hosted by Rita-Soledad Fernández Paulino, a former public school math teacher who is now the founder of financial literacy platform Wealth Para Todos.⁠ ⁠ Inflation is at a 40-year high. And although the Federal Reserve recently hiked interest rates again in an effort to combat the rising cost of goods, experts say high prices will persist for a minimum of several more months. If you have money sitting uninvested in a checking or savings account, inflation is causing it to erode in value.⁠ ⁠ That’s why you need to know about Series I savings bonds. I bonds are the government’s way of giving Americans an inflation-proof investment option. When you buy an I bond, your rate of return is locked in for six months, and rates are recalibrated biannually to pace with inflation. Since inflation is high, I bond returns are, too: the current guaranteed rate of return is 9.62%, and this rate will change at the end of the month.⁠ ⁠ The catch? Like a Certificate of Deposit (CD), I bonds require that your money stay tied up in the short term. I bonds must go untouched for one year to mature, and if you cash them in before five years, you’ll forfeit the last three months of interest. That being said, depending on your current savings and investment goals, they might be the perfect investment for you.⁠ ⁠ You’ve got questions, we’ve got answers. Click the link in our profile to register and get all the details on next Wednesday’s session, featuring personal finance expert Rita-Soledad Fernández Paulino.⁠ ⁠ ⁠ ⁠ #investing #investment #money #trading #invest #investor #business #stockmarket #bitcoin #stocks #finance #inflation #stagflation #economy #financialfreedom #wealth #crypto #trader #wallstreet #btc #investments #federalreserve #savings #saving #401k #IRA #income #bonds #ibonds #savingsbonds