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Inflation is sizzling

Only one thing to say about inflation – wow.

Consumer prices rose 8.5% in March, slightly hotter than expected and the highest since 1981 [CNBC] – “Headline CPI in March rose by 8.5% from a year ago, the fastest annual gain since December 1981 and one-tenth of a percentage point above the estimate.”

While there isn’t much one can do about inflation, there are some things you can do as a result. Series I bonds are adjusted to inflation, we can expect the I Bond’s new rate to be 9.62%. I say expect but we know that’s what it will be because the equation is known. The only surprise is if the fixed portion changes, which it probably won’t.

I Bond’s variable rate will rise to 9.62% with the May reset [TIPS Watch] – “Based on the March inflation report, which concluded the six-month rate setting period for the U.S. Series I Savings Bond, the inflation-adjusted variable rate of the I Bond will rise from the current annualized 7.12% to 9.62% as of the May 1 reset.”

7 Best Real Estate Syndication Tax Benefits [ESI Money] – “When I first started learning about real estate investing, I thought the only way was to be an active investor or landlord. It wasn’t until attending a conference in Dallas that I realized that were several ways to invest, including passively.”