Okay, Suzy, are you ready for today's podcast?

Oh, you bet I am, because I'm unstoppable.

I'm unstoppable. I'm a budget with no breaks. I'm invincible.

Yeah, I would never single day minds of our phone. I don't need batteries to play. I'm so confident.

Yeah, I'm unstoppable today.

February 19, 2023. Welcome everybody to the Women in Money podcast, as well as everybody smart enough to listen.

Suzy, oh, here. And Katie and I are back on the island. And we're so excited to be so.

In fact, I actually taped what it was like to land on this little island. Remember this island is only two and a half miles long that we live on.

A half a mile wide at its widest point. And the runway is nineteen hundred and ninety five feet. That's it. So no big planes at all.

So we get on a little plane, the two of us, two pilots. We loaded up with as much stuff as we can bring back because you have to bring everything back to be able to live here to eat and do everything.

And I wanted you to see what it was like flying over the water, approaching the runway and landing. It's quite something.

So if you want to see that, check it out on the women and money community app that you can absolutely download on Apple apps or Google Play.

It's free. I post many things there that I don't post on Instagram or anywhere else. I kind of like to keep it in the family.

So, Suzy school today is going to answer the question about I bonds. What question is that Suzy? The question is, should we continue to invest in I bonds?

So let's go back a little bit in time. I was absolutely I bond crazy a few years ago because it was obvious that inflation was going up and up and up.

And when inflation goes up, that is the time that you really want to buy series I bonds because remember a series I bond stands for inflation.

And there are two parts to a series I bond. One is they give you an inflation rate that changes every six months, every November and May. That rate changes.

And I bond also has what's known as a fixed rate, a rate that never changes. And I think the highest the fixed rate ever was.

Alright, let's help I get this right was back at about 2000 when it was at 3.6%. I started buying I bonds around then, but my fixed rate was at 3%.

And that I bond that I purchased no matter what inflation did, I would always get minimum 3% on that bond. As years went on, I bond stopped giving fixed interest rates. They were at 0%.

So I bonds because inflation was also very low. There were years that they didn't really give any interest whatsoever, which is why you weren't interested most likely in buying them years ago.

Then as inflation started to ramp up a few years ago and started to go off the charts really, we all got interested. Alright, so as inflation was going up, the interest was 7.1%. Then it went to 9.62%.

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