Savings bond question? - savings bond interest calculator
I do not understand the concept of a savings bond. They gave me $ 100 to buy a connection for my daughter. I know that everyone could get in the store or online directly from the U.S. Treasury. But how could this link worth 17 years? Is it important? I have the calculator function on the side and said in a 2% interest, would increase $ 46 in 10 years. Is that it? I thought it would be. Thus, the difference between Type 1 and Type-ee? Thanks in advance!
Saturday, December 12, 2009
Savings Bond Interest Calculator Savings Bond Question?
2 comments:
Savings bonds good and bad.
They are properly saved for the people. E-Bonds are for education.
However, the gains are a fixed interest rate and earn only for a certain period.
If your daughter is 18 and goes to college in 17 years, then we want to keep the tuition of May.
If you keep them longer ... Flow after a few years and invest the money in a fund or fund long-term growth in other trusts
Regardless of the nominal value of these bonds ... The only win $ 50 at the time of purchase and the value ... Just in time costs very little for a long time.
Good questions, I hope this helps.
Good luck!
do not buy online. Savings bonds are the worst investments
Process in the United States. Will buy a zero coupon bond and its return
much higher.
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