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Redeem your Series E Bond this year - they no longer accrue interest
From http://consumerist.com/2009/12/redee...s-e-bonds.html
A better article is at http://www.bankrate.com/brm/news/sav/20020521a.asp Series E bonds will no longer accrue interest after 30 years. If you bought them 1974 or later and gave your SSN, you can look them up at http://treasuryhunt.gov/ . Unless of course, you would like to give the government an interest-free loan.:cool: Actually, the E bonds stopped earning interest in 2005 if I'm reading this correctly. As for me, I'm going to have to check the safety deposit box. |
Funny you should mention that, I was going to check into them after the holidays. I was afraid to try and cash them during the last administration, for fear of being targeted as anti-American.
Calm down, it was only a joke.:p |
I actually do have some of these that my parents bought for me. I cashed a few in that expired last year and must remember to get the rest of them out soon.
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At the risk of being seen as alarmist and anti-American*, I suggest if you have any investments denominated in US$, that you get out ASAP. With the humungous government and national debt you folks are running, inflation and consequent devaluation of the US$ is very likely. This is why gold is at an all time high (appx $1,100 - 1,200 per ounce) and still trending upwards. People are trying to get out of the greenback.
I don't have any suggestions as to what you should invest in, though, except maybe ammo and canned food. * I think of myself as un-Australian first, and anti-American second. ;) |
I have a $25 one from 1976 in my underwear drawer. Man, that
thing must be worth like... $26 or something... |
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I keep reading this as E Type.
Because the proximity to the word Bond makes me think of Jaguars. Got any E Types you want to offload for tax purposes, I have a full, clean driving license you know... |
I was thinking James Bond -far more likely to be in Jinx' underwear drawer.....
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