Continuing in thanks for good advice mode….
Noticed this while browsing Substack. The Bob Brinker financial advising firm is still around and still advising, and now it’s recommending Series I bonds again. Brinker retired a long time ago and died earlier this year; the firm is carried on by his successors.
Back in 2001 I was listening to money-talk radio, and Brinker himself was recommending I-bonds, which were briefly paying good interest. I put my savings into I-bonds, which have continued to pay about 3% on average during the 14 years when all other saving was futile. The capital has more than doubled. Brinker stopped recommending I-bonds when they stopped paying. Last year the I-bonds resumed paying, and again I put some money into them.
Thanks to Brinker for giving the ONLY good financial advice. His successors are still giving the ONLY good advice. Every other adviser in the public sphere recommends the opposite, then and now. They HATE savings. They instruct listeners to get rid of secure investments and put all money into frauds like stocks and IPOs and ETFs and bitcoin.
And thanks yet again to Jerome Powell for bringing back NON-FRAUDULENT economics.
Polistra's Mill 