Don't have any, but I have the option to put my portions of my retirement account in such securities. Still mostly in stocks right now.
Series EE, Series I, etc.
Just curious since those of you in finance know these are supposedly earning the "risk free" rate.
Don't have any, but I have the option to put my portions of my retirement account in such securities. Still mostly in stocks right now.
I think I have some EE's somewhere, supposedly earning 6% fixed... maybe...
Are you sure it's not 0.6%?
If they're from the early 90's, then it's probably 4% (series EE)
EEs or even todays deposit rates are fkn pathetic....
Absolutely. Series I are respectable though.
As far as I know, EE series mature in 20 years, doubling in value over that time. Afterwards, pay only 0.6% for another 10 years max, then gain no additional value.
Not like the EE series of the late 70's early 80's where they would mature and double in 5 years, then pay effectively market rate afterward.
Some family friends have been buying EE bonds for our kids for a few years now.
We will see what the "risk free" rate is if the asshats Republicans in Congress go as far with the debt ceiling bull as they say they will.
So when the obstructionist/smash-mouth Repugs cause a US govt default,
All Your Bonds Are Belong To Kaput?
Instead of going with the bonds directly I went with a government bond mutual fund. It's just an easier vehicle to move money into and out of.
ditto.
No federal bonds though, whatsoever...and I wouldn't recommend them to anyone. Too damn risky.
thinking about it, I remember paying face value for them... so they must be Series I. and the rate is probably around 3%. Oh well... don't have very much in them anyway.If they're from the early 90's, then it's probably 4% (series EE)
the rates are , might as well put it in stock market or go las vegas and try ur luck...all comes down to how much risks you willing to take
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