The Washington Post: “Now is a good time to buy this inflation-indexed savings bond”
The Washington Post, May 3, 2022 — Marguerita Cheng, CFP® Pro is featured in today’s article by Michelle Singletary who writes, “Rising inflation has been bad for consumers with the escalating cost of gas, groceries, and rent causing people on the financial edge to struggle even more.”
But for investors with money to spare and who are looking for safety, inflation has been good for Series I Bonds, which the Treasury Department announced will be paying 9.62 percent until the end of October, Singletary explains noting that financial experts warn investors about chasing returns. However, this may be a good time to consider I bonds.”
“The bonds are backed by the full faith of the federal government,” said Marguerita, a certified financial planner, and chief executive of Maryland-based Blue Ocean Global Wealth. “I bonds aren’t as liquid as some other investments, which means you forfeit some flexibility.”