Search Bob Brinker Fan Club Blogs

Thursday, August 18, 2011

Gold, I-Bonds, CDs & Savings Account Rates

Gold (chart and Quote) is going crazy! 
  • Gold made an all time new high today of $1,818.90 per ounce!
  • If you want to buy gold for your portfolio as an investment or to trade , my recommendation has been to buy the exchange traded fund, GLD (chart and quote).  This is the same advice Bob Brinker gives.  Most other methods to buy gold involve high expenses.
  • Note: I own gold and silver coins and misc jewelery but currently don't hold GLD. 
Buy i-Bonds: New Series I Bond Rate:
  • Now yielding a 100% safe 4.60%, I think Series I-Bonds are very attractive for cash in taxable accounts.  You can buy up to $10,000 per Social Security number.  $5,000 from and $5,000 in paper form at your local bank.  This is the last year paper iBonds will be sold so get them while you can.
  • The earnings rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the life of the bond, and the semiannual inflation rate.  Series I Bonds Explained and 
  • Note:  I own a lot of Series I Bonds, some with base rates as high as 3.00%!
    Earning Rates for Older I-Bonds

Best CD and Savings Rates:   Best CD Rate Survey

Bob Brinker recommends CDs on his show for those who don't want to take any interest rate risk with GNMAs or any other bonds.  That is bonds will lose net asset value if interest rates go up. 
Kirk Lindstrom's Investment Letter
  • Subscribe to my service NOW and get the August 2011 Issue for FREE!  
  • Get email alerts when I buy or sell securities for my explore portfolio
  • "Auto Buy" and "Auto Sell" levels set ahead of time for target buy and sell levels for my securities.  This allows you to place "limit orders" with your broker in advance so you can go about your business.  I send email alerts after these execute as reminders.
  • All questions about what I write answered by Email.  If what I write is not clear to you, just ask!
Your 1 year, 12 issue subscription will start with next month's issue.

Long Term Results that Speak for Themselves
Since 12/31/98 "Kirk's Newsletter Explore Portfolio" is UP 200%
vs. the S&P500 UP only 21% vs. NASDAQ UP only 17% (All through 8/15/11
(More Info & Portfolio Returns)

"Highest CD RatesSurvey
as of August 15, 2010
Rate (APY)
(Click link for Full Rate Sheets)
Vanguard Daily
Vanguard Prime Money Market Fund
Vanguard Tax Exempt
Vanguard Tax Exempt
Money Market Fund
FDIC Daily Savings
Best Savings Account Rate Survey 
6 Month CD
 AloStar Bank merging into Nexity Bank
6 Mo US Treasury
US Treasury Rate Quote
1 Year CD
     AloStar Bank merging into Nexity Bank
1 Yr US Treasury
US Treasury Rate Quote
18 - Month CD
  Aurora Bank
2 Year CD
1.45% Aurora Bank 
3 Year CD
 Security Service CU  
4 Year CD
Melrose CU & 2.06% @ TAB Bank
5 Year CD
Security Service CU 
5 Yr US Treasury
US Treasury Rate Quote
7 Year CD
Security Service CU &  2.75% PenFed CU
10 Year CD
Discover Bank
10 Yr US Treasury
US Treasury Rate Quote
30 Yr US Treasury
US Treasury Rate Quote

No comments:

Post a Comment

FREE Updates Mailing List

We email regular "FREE Bob Brinker Fan Club Updates" to everyone on our "Bob Brinker Fan Club" distribution list. If you would like to get on this list, then click this link.

Top Rated Newsletter

Timer Digest Features
Kirk Lindstrom's Investment Letter
on its Cover

Cick to read the full page article!

US Treasury Rates at a Glance - iBond Rates - LIBOR Rates

Must Read:
Beware of Annuities - Payday Loans Warning