Series I Savings Bonds: Investing for Safety and Inflation Protection
Book Details
Author(s)Lisa G. Hay CPA
PublisherA Precious Gift, LLC
ISBN / ASINB00DGETZEE
ISBN-13978B00DGETZE2
MarketplaceGermany 🇩🇪
Description
Infamous investment manager, Warren Buffet, has two rules for successful investors: Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Recent economic events have shown that neither the stock market, mutual funds nor real estate can guarantee that investors' will never lose money. However, there is an investment which DOES guarantee that you will never lose money! In this short, easy to understand book you will learn about this rarely recommended investment: Series I savings bonds.
Too good to be true? There's more! Even more amazing is that Series I savings bonds provide protection against the risk of hyperinflation - perhaps the most sinister threat to the spending power of your savings and investments.
When you buy car insurance, you don't want to have an accident. But if an accident happens, you want to be protected. If hyperinflation happens, you want to make sure that at least some of your money is protected.
"Series I Savings Bonds: Investing for Safety and Inflation Protection" clearly explains how you can get “inflation insurance†by investing in US Treasury Series I Savings Bonds. Readers will benefit from this gimmick-free introduction to the “Safest Investment that You Never Hear Aboutâ€.
Did you know that US Savings bonds offer all of the following benefits?
Safety
Because US savings bonds are issued by the federal government, the chances of a default are close to zero. The Federal Government repays savings bonds with revenue derived from taxes and the issuance of new bonds.
Tax Benefits
Because savings bonds are issued by the federal government, the interest earned on US savings bonds are exempt from state and local income taxes. Additionally, if you use the savings bonds to pay for qualifying education expenses, federal taxes may also be avoided, making the interest income on US Savings Bonds entirely tax free.
Cost Savings
Because you buy a US Savings Bond directly from the US Treasury, you do not have to pay a commission or markup. While this is good for the buyer of savings bonds, financial brokers who earn their living from commissions and markups don’t have the opportunity to make their fees with savings bonds, and therefore rarely recommend them to clients.
After reading "Series I Savings Bonds: Investing for Safety and Inflation Protection", you'll understand how I Bonds work, how to purchase and redeem bonds through Treasury Direct, and the tax advantages. The book also includes links to the forms you need to settle estates, replace lost bonds, update bond registrations, and receive the Savings Bond college education tax-deduction.
Neither investors nor advisors can control the financial markets, but with I bonds you can maximize the chances of inflation eroding your hard earned savings. "Series I Savings Bonds: Investing for Safety and Inflation Protection" provides invaluable information on how to do this.
Visit Lisa's Amazon author page (see link at top of this page below book title) to see her other books, including her newest release: "How Much Money Do I Need to Retire? Taking the Mystery Out of Knowing Your Number"
ABOUT THE AUTHOR:
A licensed CPA, Lisa Hay is a financial author, consultant and founder of Ascend Financial LLC, a financial and tax planning firm. Lisa is also the author of "Estate Planning Checklist: Prepare Your Affairs for Your Heirs" and “When to Apply for Social Security Retirement Benefits: Strategies for Maximizing the Guaranteed Income You Can't Outliveâ€. In addition to working with individual clients, Ascend Financial LLC serves corporate and non-profit clients as an independent financial education firm providing objective Retirement and Financial Education and Planning services.
Recent economic events have shown that neither the stock market, mutual funds nor real estate can guarantee that investors' will never lose money. However, there is an investment which DOES guarantee that you will never lose money! In this short, easy to understand book you will learn about this rarely recommended investment: Series I savings bonds.
Too good to be true? There's more! Even more amazing is that Series I savings bonds provide protection against the risk of hyperinflation - perhaps the most sinister threat to the spending power of your savings and investments.
When you buy car insurance, you don't want to have an accident. But if an accident happens, you want to be protected. If hyperinflation happens, you want to make sure that at least some of your money is protected.
"Series I Savings Bonds: Investing for Safety and Inflation Protection" clearly explains how you can get “inflation insurance†by investing in US Treasury Series I Savings Bonds. Readers will benefit from this gimmick-free introduction to the “Safest Investment that You Never Hear Aboutâ€.
Did you know that US Savings bonds offer all of the following benefits?
Safety
Because US savings bonds are issued by the federal government, the chances of a default are close to zero. The Federal Government repays savings bonds with revenue derived from taxes and the issuance of new bonds.
Tax Benefits
Because savings bonds are issued by the federal government, the interest earned on US savings bonds are exempt from state and local income taxes. Additionally, if you use the savings bonds to pay for qualifying education expenses, federal taxes may also be avoided, making the interest income on US Savings Bonds entirely tax free.
Cost Savings
Because you buy a US Savings Bond directly from the US Treasury, you do not have to pay a commission or markup. While this is good for the buyer of savings bonds, financial brokers who earn their living from commissions and markups don’t have the opportunity to make their fees with savings bonds, and therefore rarely recommend them to clients.
After reading "Series I Savings Bonds: Investing for Safety and Inflation Protection", you'll understand how I Bonds work, how to purchase and redeem bonds through Treasury Direct, and the tax advantages. The book also includes links to the forms you need to settle estates, replace lost bonds, update bond registrations, and receive the Savings Bond college education tax-deduction.
Neither investors nor advisors can control the financial markets, but with I bonds you can maximize the chances of inflation eroding your hard earned savings. "Series I Savings Bonds: Investing for Safety and Inflation Protection" provides invaluable information on how to do this.
Visit Lisa's Amazon author page (see link at top of this page below book title) to see her other books, including her newest release: "How Much Money Do I Need to Retire? Taking the Mystery Out of Knowing Your Number"
ABOUT THE AUTHOR:
A licensed CPA, Lisa Hay is a financial author, consultant and founder of Ascend Financial LLC, a financial and tax planning firm. Lisa is also the author of "Estate Planning Checklist: Prepare Your Affairs for Your Heirs" and “When to Apply for Social Security Retirement Benefits: Strategies for Maximizing the Guaranteed Income You Can't Outliveâ€. In addition to working with individual clients, Ascend Financial LLC serves corporate and non-profit clients as an independent financial education firm providing objective Retirement and Financial Education and Planning services.
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