US Savings Bonds

Archive for July, 2008

Question: Should I invest in Savings Bonds?

I was thinking about investing into some Savings Bonds. Is this a good idea? And if I do, which ones would be the most beneficial? What are the different kinds and their interest rates? Tax free? Thanks.

Answer: Savings Bonds are a safe investment but you wont get rich off of them. Series EE Bonds in my opinion are the best to buy.I’ve included a link that gives you more info on the different types interest rates etc.They are tax exempt IF you use them for educations purposes only.

Bond Investing : What Are Tax-Free Bonds?

Question: New to investing, where to start?

I have had savings accounts, cd’s, and Savings Bonds. I am now at a point where I want to get into Mutual Funds or maybe even stocks. I am looking for a really good beginners book that explains how it all works and defines the commonly used terms. I’ve tried to read magazines like ’smart money’ and similar websites but the more I learn the more I seem to need to learn to understand what I have learned! I need a starting point in basic english. any suggestions?

Answer: 1) Mutual Funds for Dummies, by Eric Tyson is the best, all-around beginners book. This is where I started. This should be issued to all high school graduates, IMO.

2) http://www.invest-for-retirement.com has a free downloadable book, by me. It is written for beginners. It focuses on retirement investing. However, you will pick up general investing knowledge as well.

3) For a slightly more advanced – but worthwhile – read, the classic book “A Random Walk Down Wall Street”, by Burton Malkiel is highly recommended

4) http://www.investopedia.com has some great tutorials and is an excellent place to look up specific terms

Pay particular attention to the subjects of asset allocation and costs. These will have a significant impact on your investment returns in the long run.

Maritime War Musuem Tour-Interview. Energy Independence Savings Bonds.

Question: what is the best way to save for a grandchild’s college education?

We have recently become grandparents and would like to set some money aside for college. We don’t have a lot to give but would like to do something. I looked at the 529 but it doesn’t look like the right thing for us. What about Savings Bonds. Any suggestions?

Answer: This would be great – and anything you make from it goes straight to the grandkids and their savings account!

Take a look at the site below – its totally free and no money out of your pocket what so EVER!!

Just get your friends, family, etc to shop on the site and you will make money off of them. You do have to sign up but you dont have to shop unless you want to!! Browse thru the site and see if its something you think you can do.

Here is my profile, if you want to take a look: tomeka96

>greathttp://www.bigcrumbs.com/crumbs/landing…. for extra cash!

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