mindwell's Profile - Viewpoints

mindwellTacoma, WA

life can be prr-fect Quote_r3

Profile | Reviews | Friends & Fans

Member since: November 2008
Lifetime Points: 2,955
Discussion Posts: 0

Reviews: 8
Review reads: 5,189
Helpful votes: 7

Friends: 1
Fans: 1

mindwell's Reviews

United States Savings Bond (I-Bond) Bond

I Bonds Need Watching

saving a little, a cat lover

DEC

2008

The United States Treasury I Bond is a welcomed addition to savers who have bought EE bonds over the years. However, these bonds need a watchful eye because the rate changes every six months. It is currently over 5% which is a splendid return. There is also a three-month interest penalty if you don't keep the bond 5 years. Still, this is far superior to the EE bonds return which was a paltry 1.4% the last time I looked. And if rates tumble for the I Bonds, you will still be ahead even with the three month penalty. Finally, these are a breeze to purchase. You can do it on-line at the Treasury... review »