Inflation protected securities, when you don't do the guaranteed version that we're talking about with ibons are sold at auction. And what does everybody want right now? Everybody wants tips. The i shares tips fund is down three point seven four % as we record this this year. Think now that the tips market might be a little volatile place to be with inflation all over the place and questions about the stock market. Ye, that's why i would stick with the tried and true high yold savings account. Just get the nicest savings account that you can find, stick your money there, call it good then turn your attention to that search for a house.
#370: Kristen is 32, and she and her husband want to retire in less than 20 years. They make too much to contribute to a Roth IRA. Should they use back door Roth conversions to speed along their path to early retirement?
Michelle makes $190,000 and is going to switch to a career that pays $40,000 on average. To prepare for this lower salary, she's selling her current home and buying a different one. Should she pay off her new home with the proceeds from the old one? Or should she invest her profits?
Anonymous lives in a high cost-of-living area and is wondering where to keep her down payment and emergency funds. Should she use I-bonds, TIPS, or some combination of these two?
In today's episode, former financial planner Joe Saul-Sehy and I tackle these tough situations.
Enjoy!
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