The article outlines the current state of Series I U.S. Savings Bonds, which offer a 3.11% composite rate as of November '24, reflecting a decrease in inflation rates compared to previous periods. It explains the tax implications for investors, especially those who purchased I Bonds at higher rates.

Stocks finished October lower as investors navigated Q3 earnings, the upcoming election, and uncertain Federal Reserve policy. The S&P 500 posted its first monthly loss since April, lowering its year-to-date return to +20.7%. Large-cap stocks slightly outperformed small-cap stocks.

The recent volatility has been a notable change from the first half’s steady climb, with the S&P 500 at one point -8% below its all-time high from mid-July. History shows that stock market drawdowns are a natural part of investing.