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To: 1rudeboy

All jokes aside, what’s up with that? It doesn’t make any sense. Treasury has recently limited the number of - get this - US savings bonds to $5,000 per; by purchasing both electronic and paper versions, and both EE and I Series, I guess one could purchase $20,000 in any one calendar year. The limit prior would have been $15,000.

Doesn’t the government, ah, need money? Further, the inflation-adjusted I Series now pays Zero percent on the fixed-for-the-life-of-the-bond rate on those sold in the next six months. So the rate is currently 4.28 per cent on those bonds anyone buys for the next six months. The ones I bought back in the 90s are now paying over 8 per cent.

That’s better, but I only bought them as a sort of enforced savings plan for *cash*; government bonds aren’t really an “investment” but anyone depending on them for their retirement is gonna be in a world of hurt?


29 posted on 05/28/2008 7:58:22 AM PDT by Freedom4US
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To: Freedom4US
I've never thought of Treasury bonds as an investment vehicle in the sense that most people expect a higher level of capital appreciation. On the other hand, if one wishes to park their cash in a "safe" spot without falling behind . . . .

It all depends on the investment strategy.

30 posted on 05/28/2008 8:02:20 AM PDT by 1rudeboy
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To: Freedom4US
You can buy as many regular Treasury bonds as you want.
31 posted on 05/28/2008 8:07:53 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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