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To: Libloather
Who in their right minds is buying US savings bonds? Paperless and brainless.
19 posted on 01/07/2012 7:39:46 PM PST by WorkingClassFilth (Soon to be a man without a country.)
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To: WorkingClassFilth

The I series are paying up to 8 per cent or so, depending on when they were issued. Not too bad.

I have a Treasury Direct account. They had a glitch the other day, locked everybody out for a day. Nice.

The marketable securities - (savings bonds can’t be sold, of course) there is no provision to sell them before maturity. That is, not Direct to the Treasury. They have to be transferred to a broker, that involves paperwork, bank official certification, etc.

If you want to buy short term securities and hold till maturity, it’s an OK setup. At least there’s no charge or commissions.


25 posted on 01/07/2012 9:09:15 PM PST by Freedom4US
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