Advice on savings bonds purchased in 1990’s?
by admin ~ February 4th, 2010 . Filed under: Investing .
gofish asked:
These bonds don’t mature(stop earning interest) until 2020- 2023. They’re earning 4%, not bad for now. I’m thinking best to hold as long as possible. I really don’t want to cash as that would bump taxable income and could mess things up with other matters to be considered.So do I hold and take the 4%, or can I do better.
Just looking for thoughts from anyone with some knowledge . Thanks!
Micheal Rieske
These bonds don’t mature(stop earning interest) until 2020- 2023. They’re earning 4%, not bad for now. I’m thinking best to hold as long as possible. I really don’t want to cash as that would bump taxable income and could mess things up with other matters to be considered.So do I hold and take the 4%, or can I do better.
Just looking for thoughts from anyone with some knowledge . Thanks!
Micheal Rieske
February 4th, 2010 at 3:15 pm
The money now you wont get anywhere else unless you look into stocks.