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Thread: savings bonds

  1. #1
    Aruba since 1979
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    Andrea J.'s Avatar
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    savings bonds

    i got this notification from my credit union this morning.

    Savings Bonds will be paperless as of December 31, 2011. The last day to purchase
    paper savings bonds will be December 17, 2011. For more information or questions
    regarding how to purchase electronic savings bonds, please visit
    www.treasurydirect.gov or call (800) 553-2663.

  2. #2
    Senior Member ctfirewife's Avatar
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    Thank you so much for posting that. I have purchased bonds for my friends two babies Christenings and we also received one for our son when he was born. Although I thought they were somewhat a thing of the past it's nice to know that they are still out there.
    [url=http://www.TickerFactory.com/]

  3. #3
    Aruba since 1979
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    You r welcome

    I bet many of us have savings bond stories!

    My husband and I had many that we received as kids or infants.......came to a sizable amount enough for our down payment on our first house in 1984.

  4. #4
    Senior Member ctfirewife's Avatar
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    Wow! That's great!
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  5. #5
    Aruba since 1979
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    suffice it to say houses were a lot cheaper in 1984 hahahahaha
    our first house was a 2000 sq ft garrison colonial...........price $126K
    but the interest rate was about 12%.

  6. #6
    Senior Member ctfirewife's Avatar
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    Well, I was only 5 in 1984 so... Just kidding! Houses are so expensive now. Right along with everything else.


    A savings bond is a great investment.
    [url=http://www.TickerFactory.com/]

  7. #7
    Senior Member Snidely's Avatar
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    I always purchased bonds through my employer via payroll deduction. Today, each month we have a $100 bond that reaches final maturity and no longer gains interest. That $100 bond purchased for $50 in 1981, is paying out $293.80. Very nice monthly spending money in retirement.
    Joe & Mimi

    LIFE IS GOOD










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