You can buy more I Bonds at TreasuryDirect in a trust. The trust can have the same tax ID, email address, and bank account as your personal account.
You can set up a beneficiary or a second owner on your I Bonds in TreasuryDirect. It only depends on if you want to let someone transact on your behalf.
If you own savings bonds with a second owner in TreasuryDirect, you have to specifically grant rights for the second owner to see or redeem the bonds.
Interactive Brokers (IBKR) offers attractive margin loan rates but it isn’t obvious how to open an account in the name of a trust. Here’s how.
Making fewer things matter helps you focus attention and ward off FOMO and sales pitches. You’ve made it when you can afford all the “mistakes.”
Buy a security key and use it for two-factor authenticatioin with Vanguard. Use a Google Voice number as backup instead of SMS to your real mobile number.
I Bonds offer a better yield to small investors than TIPS. After you max out your annual limit, you can buy another $5,000 by overpaying your taxes.
When you child gets close to going to college, consider investing your 529 plan account in CDs or a stable value fund. Only some 529 plans offer them.
Fidelity used to accept ETF orders in dollars with fractional shares only in its mobile app. Now the same functionality is also online.
Having X years of spending in cash and bonds and withdrawing only from cash and bonds in a bear market isn’t any better, and it can be worse.
Fidelity supports placing orders for ETFs in dollars in its mobile app now. Online interface and automatic investing should be next.
If your child is close to college age, consider Colorado’s CollegeInvest Stable Value Plus 529 Plan for the attractive yield and the principal guarantee.