The stock market has been suffering brutal carnage these past few months so what’s an investor to do? Well, with inflation at a scorching 8% and key indexes down 20% or more we need to find a safe and secure way of making money. We have been buying I-Bonds however there is an annual $10,000 limit per individual and while spousal accounts and kid accounts can stash another $10,000 each, that will only get us so far.
To that end, we’ve been laddering T-Bills. The process of laddering T-bills is simple. Here’s a snapshot of today’s T-bills release.
We’ve been buying T-Bills with different maturity dates. We purchased tranches of T-bills for each maturity date above. If you need a primer on how the ladder works or how T-bills work, please visit our favorite bond Youtuber Jennifer Lammer at DiamondNestEgg.
We plan on stashing money in T-Bills until the Federal Reserve is finished raising rates. In the meantime, stay tuned and stay solvent.