Savings Bond - What would you do?

Discussion in 'Community Discussion' started by See Post, Aug 13, 2011.

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  1. See Post

    See Post New Member

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    Originally Posted By goodgirl

    In 2001 I won a Series EE savings bond. In 2031 when I am 75 years old I can cash it out and get the face value of $50.

    Or if I cash it out now I can get $35.12.

    The interest rate is 1.77%

    What would you do if you were in my shoes?
     
    #1 See Post, Aug 13, 2011
  2. See Post

    See Post New Member

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    Originally Posted By Labuda

    I'd go ahead and wait as long as I was healthy. :)
     
    #2 See Post, Aug 13, 2011
  3. See Post

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    Originally Posted By DlandDug

    Hang on to it. It's an investment in America.
     
    #3 See Post, Aug 13, 2011
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    Originally Posted By amazedncal2

    I am a "bird in the hand" type of person. I would cash it out now and buy something specific with it. If it were a huge amount of $$ at that interest rate I might consider keeping it a few more years. Who would have imagined a few short years ago that 1.77% would look pretty good?

    Last sentence was not a rant just a random thought :)
     
    #4 See Post, Aug 14, 2011
  5. See Post

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    Originally Posted By Kennesaw Tom

    I'd hold on to it, 1.77% is really good right now!
     
    #5 See Post, Aug 14, 2011
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