Archive for August, 2006

How long do you need to hold on to E Series Savings Bonds before you can cash them in?

Tuesday, August 29th, 2006

Laura A asked: I have some that are 6 years old - can I get face value?Julie Matthews

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How long do U.S. savings bonds take to “mature” fully?

Thursday, August 24th, 2006

Kasiagold asked: My grandmother has been giving me $50 government savings bonds for a while now. (I think one for every birthday?) I was just wondering how long a $25 or $50 savings bond takes to mature to its full value so that it can be cashed in without a penalty. Thanks!Lang Frederico

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Why Invest in US Savings Bonds?

Sunday, August 20th, 2006

Why invest in US Savings Bonds? Its a question that few people consider these days, with everyone pressing their luck gambling with stocks, hoping to strike it rich with that “can’t lose” penny stock. While it may not be as thrilling as the stock market, savings Bonds can play a very important role in your [...]

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What Are Investment Bonds

Tuesday, August 15th, 2006

Essentially, investment bonds are loan agreements made between companies or governments and investors. In this case, it is the government or company that borrows money from the investor for set period of time to be used for funding purposes. In a sense, the company or government is indebted to you, the individual bond owner. Typically, [...]

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A Penny Saved is a Penny Earned

Sunday, August 13th, 2006

Everyone always says ”I want to be rich”.  Fair enough, but how does one go about getting rich?  If it were so easy we would all be millionaires. Your goal should be financial freedom that ultimately leads to personal freedom, which is what all people want, regardless of where they are in this world.  It [...]

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What should I do with my EE series Savings Bonds?

Thursday, August 10th, 2006

Patrick P asked: Most were issued 1993- 1995. The interest rates varies from 2.5 - 3.5 approx.
I paid college tuition and other expenses for my kids in college this year. I am wondering if I should cash in an amout that offsets those expenses and avoid the taxes.
It would seem I could do better with [...]

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Money is invested in a savings bonds with a 6.5% interest. After 1 year the bonds are worth $736.70. How much?

Tuesday, August 8th, 2006

twilliam4055 asked: Money is invested in a savings bonds with a 6.5% interest. After 1 year the bonds are worth $736.70. How much was invested?Elizabeth Wright

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Can I reinvest savings bonds into anything so the interest does not get taxed?

Saturday, August 5th, 2006

pat4620 asked: I have quite a few savings bonds that were bought by me and/or given as gifts for my kids for their education. They have both graduated college and we did not use them all. I would like to cash them and give the money to my kids, but I don’t want [...]

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When a person redeems US EE savings bonds, how are the taxes paid?

Friday, August 4th, 2006

Floppy asked: Is the interest put in Section B, Interest, OR does it have to be put under Capital Gains Interest? What would the interest rate be ?Jewel Kingery

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