Savings Bonds?
by admin ~ June 11th, 2007 . Filed under: Personal Finance .
j asked:
are savings bonds worth buying? dont you pay half the face value then get the face value after 7 years are then a good investment?
Edgardo Ludden
are savings bonds worth buying? dont you pay half the face value then get the face value after 7 years are then a good investment?
Edgardo Ludden
June 12th, 2007 at 3:22 pm
Unfortunately US savings bonds don’t mature in 7 years anymore. They now use a complicated formula that stretches maturity out much further.
June 13th, 2007 at 4:07 pm
Not 7 years. The return varies.