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Double Trouble
Join Date: Nov 2002
Location: North of Pittsburgh
Posts: 11,705
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savings bonds?
I have a bunch of U.S. savings bonds, I mean it's not a fortune but being retired anything is good. They are all mature. Given the state of the economy and the stock market, bonds, etc. Would it be wise to cash them in before the excrement enters the impeller?
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08-05-2011, 01:26 PM
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canna change law physics
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Yes, and convert them to your favorite commodity. Gold/Silver/Platinum/Lead/real estate/food/etc.
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James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
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08-05-2011, 01:56 PM
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Registered
Join Date: Mar 2008
Location: Chicagoland
Posts: 2,695
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firearms has been speculated more as good way of hedging against SHTF risk. :P
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08-05-2011, 02:23 PM
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canna change law physics
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that is considered "lead"
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James The pessimist complains about the wind; the optimist expects it to change; the engineer adjusts the sails.- William Arthur Ward (1921-1994) Red-beard for President, 2020 |
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08-05-2011, 02:24 PM
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Double Trouble
Join Date: Nov 2002
Location: North of Pittsburgh
Posts: 11,705
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That is good to know. My wife has been quacking about cashing them in. So now it's just what to do with the money where it will be comparably safe.
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08-05-2011, 03:16 PM
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Registered
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If they are matured they earn nothing. Why wouldn't you turn them in when they pay 0%? If you liked the bonds look at I bonds.
Last edited by lukeh; 08-05-2011 at 04:44 PM.. |
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08-05-2011, 04:41 PM
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Used Up User
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Gold? While many say it is bubbling, an equal number seem to think it will continue to climb after a correction or two. As a long term investment, it certainly has remained steady. But I will be the first to admit that I know nothing.
From Kitco yesterday, an analyst claimed some Asian Central Banks were still buying - possibly even China & the wedding season is approaching in India etc etc etc. Who can tell? Bad news is good for gold. I'm still holding. But would I buy? Well, no . . . Ian
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'87 Carrera Cab ----- “Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.” A. Einstein ----- |
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08-05-2011, 05:38 PM
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Misunderstood User
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There is a savings bond wizzard that you can load all of your Savings bonds and it will calculate the gains and tell you when they exactly mature, I have a bunch I bought in the late 80's early 90's and the don't mature for a few more yrs.
http://www.treasurydirect.gov/indiv/tools/tools_savingsbondwizard.htm
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Jim 1983 944n/a 2003 Mercedes CLK 500 - totaled. Sanwiched on the Kennedy Expressway |
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08-06-2011, 06:43 AM
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Double Trouble
Join Date: Nov 2002
Location: North of Pittsburgh
Posts: 11,705
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yes we have used that and strangely enough we find that they are still gaining interest after maturity. We're cashing them in anyway.
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08-06-2011, 06:49 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Quote:
Oh, and I second the call for investing in lead.
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." Last edited by legion; 08-06-2011 at 12:42 PM.. |
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08-06-2011, 12:40 PM
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Double Trouble
Join Date: Nov 2002
Location: North of Pittsburgh
Posts: 11,705
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as you all know i have a good bit invested in lead. And yes ours are still bearing interest.
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08-06-2011, 01:02 PM
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1970/1982 Porsche 914-6/911SC 2.7 RS
1988 Porsche 911 Turbo Cab
1987 Porsche 911 Carrera Cabriolet 3.2
