DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing

Where to Put Additional Savings?

Jun 22, 2022
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ADVICE

Cut Non-Value Expenses

  • Review your budget to cut expenses that don't provide value.
  • Evaluate subscriptions by price per use to decide if they're worth keeping.
ADVICE

Series E Bonds vs Marketable Bonds

  • Series E bonds guarantee doubling your money in 20 years but offer low annual interest.
  • Consider government marketable bonds for flexibility and comparable yield with the option to sell anytime.
INSIGHT

Bond Yield Curve Insight

  • The 20-year treasury bond yield closely matches the implied yield of series E bonds' doubling.
  • The bond yield curve suggests no advantage in holding long-term bonds versus rolling short-term bonds.
Get the Snipd Podcast app to discover more snips from this episode
Get the app