Yes, somebody better start counting beans. Social Security is in trouble
I suspect comments are from a bean counter. No logic there, only numbers.
The payroll tax system used to apply to a large percentage of U.S. wages, 90% in 1983. Wages above the…
Payroll taxes are capped because benefits are capped. It was not set up as a progressive tax system and policy…
Category Archives: Cash alternatives
November inflation again ticked higher, to an annual rate of 2.7%
Troubling conclusion: U.S. inflation is no longer slowing and remains too high. By David Enna, Tipswatch.com Although annual U.S. inflation rose from 2.6% in October to 2.7% in November, financial markets are likely to view today’s report as a positive, … Continue reading
Posted in Cash alternatives, Federal Reserve, I Bond, Inflation, Investing in TIPS
Tagged business, economy, finance, inflation, investing, Treasury investments
29 Comments
Now is a great time to build (or improve) a long-term TIPS ladder
By David Enna, Tipswatch.com Because of a remarkable confluence of events, including last week’s presidential election result, real and nominal yields for U.S. Treasurys have been rising dramatically, up 40 to 50 basis points since October 1. But this article … Continue reading
Treasury sets I Bond’s fixed rate at 1.20%, composite rate falls to 3.11%
But … no clarification yet on delivery of gift-box purchases. By David Enna, Tipswatch.com The U.S. Treasury just announced a 1.20% fixed interest rate for the Series I Savings Bond, creating a new six-month composite rate of 3.11% for purchases … Continue reading
Posted in Cash alternatives, I Bond, Inflation, Retirement, Savings Bond, TreasuryDirect
23 Comments
It’s going to be a big week for I Bonds
Oct. 31 update: Treasury sets I Bond’s fixed rate at 1.20%, composite rate falls to 3.11% By David Enna, Tipswatch.com By Thursday (or possibly Friday) we are going to get a lot of new information about U.S. Series I Savings … Continue reading
Posted in Cash alternatives, I Bond, Inflation, Savings Bond, TreasuryDirect
Tagged bonds, personal-finance, Treasury investments
56 Comments
The one key rule for using TreasuryDirect …
By David Enna, Tipswatch.com TreasuryDirect gets a lot of bad press, mostly deserved, for presenting a clunky website with a bureaucratic mess of rules and usually lousy customer service. I’ve been using TreasuryDirect services for at least 32 years, even … Continue reading
Treasury Inflation-Protected Securities 
Depends on how old you are. Nobody makes a billion dollars nest egg on tax savings, but you can keep…