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Old 02-19-2009, 09:44 AM
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Major04 Major04 is offline
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US Savings Bond question

Okay, all you financial wizards...since, I am getting hammered on this financial crazy world. My International stocks are not what they were used to. I am thinking of pulling some of that money and investing it to the US Savings Bond Market.

1) What is the difference between EE and I Bonds? I see that you have to hold them for at least twelve (12) months before it is redeemed.

2) Taxes when you redeemed the bond?

3) Maximum investment for $5K each totalling $10K in a single calendar year? or is it you can only hold $20K for a until you redeemed it? IDK

4) Is it a safer beat to put $20K in CDs or US Savings Bond?

Any help or educational helpful comments would be helpful...

Thank you and have a great day!
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