You might have seen in the AMC post where I mentioned we will be heading into a bear market (recessions).
How many are prepared for this and what are your tactics ?
I-bonds are going for 9.62% through October 2022. That return is insane for a safe asset.
Tbills are giving out good rates.
Savings accounts are slowly increasing rates - you should be getting at least 2% on savings
and you should be saving - as the Fed looks to continue fighting inflation and raising rates - you want to be prepared to move money into Bonds, Bond Funds, and Equities as they begin to bottom.
I'm not talking scams and failed get rich schemes...what are yall doing to increase your wealth during hard/tough times.
How many are prepared for this and what are your tactics ?
I-bonds are going for 9.62% through October 2022. That return is insane for a safe asset.
Tbills are giving out good rates.
Savings accounts are slowly increasing rates - you should be getting at least 2% on savings
and you should be saving - as the Fed looks to continue fighting inflation and raising rates - you want to be prepared to move money into Bonds, Bond Funds, and Equities as they begin to bottom.
I'm not talking scams and failed get rich schemes...what are yall doing to increase your wealth during hard/tough times.
