Are US Savings Bonds still safe to purchase?
by admin ~ April 7th, 2009 . Filed under: Personal Finance .
Lilly V asked:
I know it might sound silly, but…
Back in the day my grandma always got us one for each holiday, birthday and so on. When I cashed mine in at 27 I was able to put the down on my first house. I just do not know if they are as safe as they used to be in this economy . I want to start this same tradition with my little ones, but I am a little hesitant. Any thoughts?
Shasta Hutnak
I know it might sound silly, but…
Back in the day my grandma always got us one for each holiday, birthday and so on. When I cashed mine in at 27 I was able to put the down on my first house. I just do not know if they are as safe as they used to be in this economy . I want to start this same tradition with my little ones, but I am a little hesitant. Any thoughts?
Shasta Hutnak
April 10th, 2009 at 5:42 am
The safest investmentpurchase you can make they are backed by the government.
April 10th, 2009 at 2:11 pm
Yes/Yeap, giving the current financial situation in our country. YES !!
Bonds are still paying higher interest rates than commercial banks or Credit unions!!
Since we/taxpayers can bail-out banks, motor co’s not to mention others, I still trust US SAVINGS BONDS!!!
I hope this helps in your decisions,
Peter
April 13th, 2009 at 8:13 pm
The best option see httpwwwtreasurydirectgovindivproductsprod_ibonds_glancehtm.
April 15th, 2009 at 1:49 pm
The link below good luck.