US Savings Bonds

Posts Tagged ‘calculator’

Question: Savings Bonds???

I have 3 US Government Savings Bonds each for 50 dollars a piece They are exactly 24 years old can anyone tell me what they might be worth??

Answer: go to savingsbonds.gov and type in the serial numbers – it will tel you. Get the money out of there – depending on the series – they probably are not making any more interest at this point.

Shipment of 800 Billion in New Currency AMERO to China in Advance

Question: My dependant son will be attending a community colllege?

How do I figure out which tax approach to use? Hope, lifetime learning, tuition deduction, Savings Bonds Interest exclusion? His tuition is about $3,600/year. Are there any calculators to figure this out?

Answer: Some software has calculators to figure out the best education benefit, but if you really want this analysis you need to go to a tax preparer who can do this for you. Professional preparers with proprietary software can run the numbers for you.

In your case, if your income is less than $80K ($160K if married), the best break for your education expenses is the new American Opportunity Credit which has replaced the Hope Credit. The AOC will credit you 100% of the first $2,000 of qualified expenses, plus 25% of the next $2000 of qualified expenses, for a maximum credit of $2,500. Even if you owe no tax, 40% of this credit is refundable, meaning you may receive a payment of up to $1,000 if you owe no tax but take the maximum credit.

Any expenses you pay for with EE Savings Bonds for which you exclude the interest will not be counted toward the AOC.

Question: I Want Power…What Is The Best Way To Invest In The Energy Sector?

At present I am sitting on a hunk of change earning pennies in a “high” yield savings account. I want to move this money into something more profitable. Up until now my two ex-lovers managed my money very successfully earning 110% profits during the internet boom and 40% profits in retail over the past four years. However, in between I poorly invested in Fidelity Mutual Funds. I’ve since sold my S&P fund, but I still have about $5,000 in Computers (Select).

Question #1: Keep the Fidelity Computers or sell and cut losses?

Question #2: What is the best way to invest in the energy sector avoiding penny stocks, junk bonds, shorting and high risk? Please advise for both long and short term investments.

Question #3: Where should I start my research? I am not looking for stock tips—instead give me tools to educate myself to bring in greater profits than my ex-lovers did.

PLEASE

Thank you!

Answer: Some suggestions for you to research.
XLE, an ETF that tracks the big energy companies listed on S&P 500.
APA, an attractive oil drilling and exploration company.
GRP, oil drilling equipment.
JOYG, coal mining equipment

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