Can someone please explain savings bonds to me?
by admin ~ March 25th, 2010 . Filed under: Personal Finance .
Lovelikethis asked:
hello
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 is this exactly? are there letters after it like EE.. where do i buy them?
thanks so much
… i tried reading about this on our governments website but i couldnt understand
thanks for all the help
Brooks Finan
March 26th, 2010 at 9:46 pm
For ee bonds to actually buy your bank or online.
March 27th, 2010 at 5:05 pm
It is a long term investment you buy savings bonds and they mature after several to many years and are worth more at which point you can sell them.
March 30th, 2010 at 7:05 am
The bond and they pay interest at rate that makes cds look attractive several years later the bond is actually worth the face value of the face value of the bond and they pay interest at rate.