Archive for March, 2010

How does a savings bond work?

Tuesday, March 30th, 2010

Zay asked: I’m in 8th grade and I entered in the VFW nationwide contest and won second place. My teacher informed me that I will be getting a $7,000 savings bond. What does that mean, or how does it work?Scot Wongus

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How much is my savings bond from 1994 worth now? It is a $50 bond?

Tuesday, March 30th, 2010

chu lo asked: I have a savings bond from 1994 that was for $50.
I also have 2 others. Another worth $50 from 1998 and one for $100 from 1996.
Can anyone help me find out how much they are worth if I cash them now?Sammie Schak

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Which is better a savings bond or a CD?

Monday, March 29th, 2010

skaterpam22 asked: I am saving money for my son so when he goes to college he will have money for it (he is only 6 months old now). He already has one $100 bond and one $200 savings bond. I have another $110 in cash right now and I was wondering would it better to [...]

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Purchasing US savings bonds?

Monday, March 29th, 2010

JB asked: where and how can i purchase us savings bonds?Emile Blaze

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How can my daughter cash a savings bond?

Saturday, March 27th, 2010

Kelly asked: My daughter received a savings bond (10 year) when she was born and it has now matured. How would she cash it with her only being 10?Vivien Elson

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Stimulus checks coming in the form of savings bond?

Saturday, March 27th, 2010

amyrj06 asked: My son filed his taxes and received a paper check. Then today he received his $300 dollar stimulus check but it wasn’t a check. It was a $200 savings bond and a $100 savings bond that cannot be cashed for 6 years? Has anyone heard of this? The envelope [...]

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problem with savings bonds and my grandma.any suggestions?

Friday, March 26th, 2010

GivinTakinKnowin asked: the situation-
my grandma is a very stubborn, old-fashioned person. She thinks the best way to invest your money is through savings bonds, so ever since i was born 16 years ago shes bought me a $50 dollars savings bond every year for my birthday, she also bought me a few extra when [...]

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Can someone please explain savings bonds to me?

Thursday, March 25th, 2010

Lovelikethis asked: hello
so im a junior in high school and im taking a personal finance class and i came in late today and missed the whole “savings bonds” lesson!
i remember my teacher saying something about lets say you buy one for 50 dollars and after x amount of time, its worth 100.
what type of bond [...]

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whats a savings bonds?

Tuesday, March 23rd, 2010

JB asked: im so confused on what savings bonds are!?!? seems like they should be easier to understand then stocks! can someone explain to me what US savings bonds are and what they do and how you can lose money with them. whats the diffrence if a buy a 50 dollar bond or a 5000 [...]

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Can you turn in a savings bond prematurely?

Sunday, March 21st, 2010

Travis asked: IM teenager and got a 100 doller savings bond and i need 50 dollers now. Since the person i got it from paid 50 dollers fo it can i just go to the bank and get the 50 dollers for it now?Cortez Fuchser

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