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The Clark Howard Podcast

8.13.20 iBonds could be a great savings vehicle; Grocery shortages

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 13 August 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

With rates dropping quickly for savers, iBonds could be a great place to put some money you want liquid in order to get a better return. Some items are still hard to find at the grocery store. Clark talks about what is going on and the price inflation we're starting to see on lots of grocery items. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.4

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0:23.8

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0:26.6

Not investment advice, crypto trading involves risk of loss.

0:30.0

I'm so glad you've taken time out of your day to join us here on the Clark Howard Show,

0:41.4

where it's all about you learning ways to eat more of what you have.

0:46.4

Now our websites, Clark.com and ClarkDeals.com.

0:52.1

So, over the last 25 years,

0:57.5

probably about 25 years, maybe 30.

1:00.4

I've had a love hate relationship with a method of saving money called

1:07.8

Series I Savings Bonds.

1:10.5

These are sold by the federal government, the US Department of the Treasury,

1:14.9

and you buy these savings bonds.

1:17.6

And you earn whatever the rate of inflation is in the economy,

1:24.3

reset twice a year.

1:26.8

And there are times that Series I bonds have been screaming deals.

1:32.0

I own some that I bought back in the 90s that will run out later this decade

...

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