| Author |
Message
|
| paula0000 |
 Posted: Tue Feb 22, 2005 4:20 pm Post subject: Dumb question |
 |
|
Investing Manager
|
| Okay...would you even consider that savings bonds are an investment? Just curious on your thoughts..(thinking of Canada Savings bonds) |
|
| Back to top |
|
 |
| pride |
| Posted: Wed Feb 23, 2005 9:48 am Post subject: |
|
|
Investing Associate
|
| I do now know about Canadian savings bonds, but US savings bonds are an investment, and sometimes they are a damn good one to. Now that rates are climbing I wouldn't buy them, but I was all for buying them 2-3 years ago... they had a higher interest rate than CD's |
|
| Back to top |
|
|
| eagertolearn |
| Posted: Wed Feb 23, 2005 11:58 am Post subject: |
|
|
Investing Sr. Associate
|
| Many people have made quite a bit of money on savings bonds when held on to for years. I think they're considered a very safe investment, although the pay-out may not be all that great now. |
|
| Back to top |
|
|
| trixiezzz |
| Posted: Wed Feb 23, 2005 7:05 pm Post subject: |
|
|
Investing Manager
|
| Here's an even dumber question: but how do you cash a savings bond in? I have no experience with this. My kids were given some years ago and they just sit in the file drawer. What do you do to cash them in? Where can you do it? |
|
| Back to top |
|
|
| pride |
| Posted: Thu Feb 24, 2005 5:59 am Post subject: |
|
|
Investing Associate
|
| You can cash out a savings bond at your local bank in which you hold an account. Some banks will cash them for you if you do not have an account with them, but I know when I've cashed in savings bonds, I had to do it with a bank from which I have an account. You can also purchase them at the bank. |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
