Bonds and such

[donut757]

Anybody buy bonds?

I have some that have/about to mature, but they are the old 30 yr 1/2 face value ones obviously. Now it seems everything is buy at face value and just depends on interest, guess there is a fixed/adjusted rate bond.

kicking around the idea of starting to invest a little here and there, but nothing is ever as simple as it use to be.. they dont even do paper bonds unless its done with tax return.

 

[SamV]

Oh my gosh! I totally forgot about paper savings bonds. I recall buying them in grade school. I seem to recall buying stamps to fill out a booklet. When the booklet was full, you exchanged it for a savings bond. We did it one day a week in school. I had a small bunch of them. I wonder what happened to them? My parents kept them for me. I vaguely recall cashing some in after I was married. Student loan payoff, debt, down payment on our house??
Both my mother and my wife's father initially gave some to us for our children's birthdays, but switched to other brokerage accounts like 529 accounts.
We do have some government funds in retirement accounts, but they are more like mutual funds.
I actually found one old series ee bond in some papers recently. It is for my daughter, probably at its maximum value now, and should be redeemed.

 

[gramps]

My ex wife got some when she was with the National Guard. Cashed in long ago!
gramps

 

[nvbirdman]

I had some (Series E?) savings bonds long ago, but cashed them in to buy my first house.

 

[Bob Wright]

During WW II I eventually had four $25 War Bonds. I remember that very well as we went to a War Bond Drive, and there were items on display and the number of $25 bonds it took to buy that item. There was a M1911A1 and showing a cost of three bonds.

Hot dog! I thought, I'm going to buy me a .45! I cried when they wouldn't sell me that pistol.

As I remember, a $25 bond cost $18.75 and paid $25 at maturity.

Bob Wright

 

[pete44ru]

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We had US Savings Bonds that were bought well before they could only be cashed in at face value.

When we did eventually cash them in to fund a wedding, we got serious money for most of them - on which we also had to pay taxes on.

They were bought with payroll deductions so small that we never missed the money.

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