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| Off Topic Meet friends, talk about your kids, ... - just anything not related to Aruba |
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#1 (permalink) |
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Aruba since 1979
Moderator Join Date: May 2007
Location: renaissance island, eagle beach, amsterdam manor/passions beach bar, Hung Paradis, alto vista chapel, madam janettes, big porch at B55
Posts: 13,258
Images: 80
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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. |
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| ADVERTISMENT | |
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#2 (permalink) |
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Senior Member
Join Date: Feb 2011
Location: Boca Prins, Mangel Halto & just about any spot with my little family.
Posts: 171
Images: 18
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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.
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#3 (permalink) |
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Aruba since 1979
Moderator Join Date: May 2007
Location: renaissance island, eagle beach, amsterdam manor/passions beach bar, Hung Paradis, alto vista chapel, madam janettes, big porch at B55
Posts: 13,258
Images: 80
|
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. |
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#5 (permalink) |
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Aruba since 1979
Moderator Join Date: May 2007
Location: renaissance island, eagle beach, amsterdam manor/passions beach bar, Hung Paradis, alto vista chapel, madam janettes, big porch at B55
Posts: 13,258
Images: 80
|
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%. |
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#6 (permalink) |
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Senior Member
Join Date: Feb 2011
Location: Boca Prins, Mangel Halto & just about any spot with my little family.
Posts: 171
Images: 18
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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.
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#7 (permalink) |
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Senior Member
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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.
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Joe & Mimi LIFE IS GOOD |
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Just kidding! Houses are so expensive now. Right along with everything else.
