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Old 10-03-2023, 12:45 PM   #161
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I may sell my 0% fixed rate Ibonds, but if we continue with 0.9% fixed I may buy more next year. If we see a higher fixed rate Ibond, say 1.4%, that will tempt me even more. I have two small TIPS, one at aprox 1.2% + inflation, and the other at 1.9% + inflation. Both are at the farther reaches of my ladder where I think the bigger payoff is more likely as compared to under current 5 year rates.

Who know for sure? Not me. The Time Machine is still broken and taking up too much space in the basement.
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Old 10-04-2023, 03:35 PM   #162
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Sold 2 out of my 4 Ibonds yesterday. Will redeploy to something else.
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Old 10-04-2023, 03:40 PM   #163
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I sold my 2 iBonds over the past 2 months. I'm iBond free again. I doubt I'll dabble in them again unless things get pretty remarkable like they did a couple years ago.
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Old 10-04-2023, 04:56 PM   #164
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That's cool. I got into them for different reasons, mosty as a substitute for 2-3 year bonds. The 7.12% rate was a slam dunk decision for short term money given other rates available at the time. The 9.62% renewal rate was even better. Ditto for the 6.48%. The current 3.38% is no longer compelling.

I never intended my ibonds as a long term hold, just as long as rates were better than 2-3 year bonds.
This was basically my plan also. I've already sold 2 I-Bonds and plan to sell another on December 1st. All sold after completing the 6.48% cycle. I still have one in the gift box for 2024 and will probably sell as soon as it is gifted.
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Old 10-04-2023, 06:51 PM   #165
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Yes, I will do sales on 11/1/23, 12/1/23, 1/1/24 and 1/1/25.

The 1/1/24 and 1/1/25 sales are currently in the gift box. I'll distribute the $10k gift and then immediately sell. Ditto $10k for 1/1/25.

I wonder if I delivered $20k from the gift box on 1/1/24 and immediately sold it whether they would catch it before the money hits my bank and if so what they would do.
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Old 10-05-2023, 05:53 AM   #166
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If you have some I-bonds paying at fixed rate of 0% + inflation , you could sell one, and immediately buy a new one (assuming you haven't already bought 2023) which would pay a fixed rate of .9% + inflation.
Basically upgrade one of them.

If married then you can do unlimited upgrades by buying gifts (stays in your gift box) for each other.

Heh, heh, no thanks. Mine are something over 3% fixed already as I bought them early in the century.
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Old 10-11-2023, 05:22 PM   #167
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I have a question for everyone, I went to sell my Ibonds and the routing number and account number does not match any that I have. Which is odd to me. I am not able to edit with out mailing them a form. I prefer not to do this as my son turned 18 a few months back and we sent an account authorization form to change from a minor under my account to his own account. He still does not have authorization yet. Is this common?
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Old 10-11-2023, 05:27 PM   #168
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I have a question for everyone, I went to sell my Ibonds and the routing number and account number does not match any that I have. Which is odd to me. I am not able to edit with out mailing them a form. I prefer not to do this as my son turned 18 a few months back and we sent an account authorization form to change from a minor under my account to his own account. He still does not have authorization yet. Is this common?
I was able to ADD a second bank account and redeem to there. Are you saying the routing and account don't match any bank you've ever had? That would concern me. A lot.
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Old 10-11-2023, 05:33 PM   #169
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the routing number and account number does not match any that I have.
That's worrying. You should be able to look up the routing number shown and find out the name of the bank. That should help you identify it.

https://routingnumber.aba.com/Search1.aspx

https://bank-code.net/routing-numbers
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Old 10-11-2023, 06:19 PM   #170
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Thank you, as I added a bank and changed it to my primary and transfer all my I bonds. Much appreciated.
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Old 10-12-2023, 02:42 PM   #171
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FYI, we finally got ahold of Treasury Direct on the phone after 55 minutes, they told us that my sons account authorization form to change from a minor to his own account will take about 20 weeks to process. Sheeesh!!
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Old 10-12-2023, 02:51 PM   #172
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FYI, we finally got ahold of Treasury Direct on the phone after 55 minutes, they told us that my sons account authorization form to change from a minor to his own account will take about 20 weeks to process. Sheeesh!!
Wow that's ridiculous.... Can't you just redeem the bond and move funds to your already linked account, then give him the proceeds?
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Old 10-12-2023, 05:19 PM   #173
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Unfortunately not, when he turned 18 back in July, we had him start a primary account, which he cannot get until the authorization form is complete. So his account is frozen, as they know he turned 18 with the information that was given when we set up the minor account.
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Old 10-14-2023, 01:59 PM   #174
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FYI, we finally got ahold of Treasury Direct on the phone after 55 minutes, they told us that my sons account authorization form to change from a minor to his own account will take about 20 weeks to process. Sheeesh!!

Heh, heh, and everyone says Vangaurd service has slipped.
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