Happy holidays and please enjoy our final newsletter of the year!
You may have noticed a difference between what the yield on your I Bonds is calculated to be, in dollars, and what it shows up as on the website. This article from TIPSwatch clarifies this topic, but here it is in a nutshell: instead of being a straight calculation of yield times face value, the interest is calculated using a formula that compounds it month on month.
It’s been a volatile year for the market, one that favors the long-term, patient investor. On a positive note for 2023, there are signs that inflation is slowing and that the Fed may slow down rate increases.
As we get close to the end of the year, tax thoughts are top of mind. Here are some end of year financial planning items you may want to keep in mind:
