In this the seventh year of the Mathmatecum the promise of an average rate of return of at least 2% is still being met! This coming Thursday, May 1st the biannual change in the interest rate of I-bonds will occur as usual. For me it is different than in the past in this regard. Usually in the weeks leading up to changes the internet is filled with ads about CD rates and other quite conservative investments. For the first time crickets. To find out what the anticipated rate is expected to be took some searching – highly unusual to say the least. Last year thankfully, choices made worked out very well and saw a 4.11% rate throughout the year. Because of moving monies over the past five years, restrictions on investments are now minimal once again.
I bring your attention to this because markets don’t like uncertainty. Though these 100 days of the new regime have roiled the stock market the effects of its moves have not yet had time to jell. Cautious optimism should be your guide. Even the most respected economists whether they see the future as bright, or not all conclude that extreme vigilance should be the rule of the day. Here’s hoping the newest numbers for the Matmatecum will continue positively.
Sundays find me with an actual newspaper in hand since daily deliveries were stopped some months back. Because of the lack of delivery on a daily basis I look forward to reading all the opinion pieces from top to bottom. Yesterday’s paper had an article headlined “The start of a Golden Age ” I had no idea of what the article was referring to so I could not wait to read it. Much to my surprise it had to do with all the wonderful things that were now going on in Washington D.C. I cannot comprehend how any intelligent person could come to the conclusions reached in the article. Many times, when I don’t agree with what’s written the author gives their whys, sources, wherefores and of course his or her conclusions. I often still disagree – rarely am I convinced the author is correct but always understand how he or she came to their belief. This article should have had at its top the admonition ADVERTISEMENT. If newspapers knowingly print lies easily ascertained, then they become complicit in the fraud being perpetrated by the author.
JAI BABA
TTFN
JU
