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Article: EEeee! Only 3.5%.(Ahead)(EE savings bonds )(Brief Article)
- Article from:
- Kiplinger's Personal Finance Magazine
- Article date:
- July 1, 2005
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Copyright informationCOPYRIGHT 2005 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sotirios and Beth Keros said so long to good old EE savings bonds when the government announced it would stop adjusting rates on existing bonds every six months. The Treasury will still set a new rate for savings bonds each May and November. But once you buy a series EE bond, your rate, currently 3.5%, stays in effect for the 30-year life of the bond. "A fixed rate of 3.5% is just not a good deal," says Sotirios, 33, who just got a PhD in neurobiology at the University of Alabama, Birmingham. This is especially true now because most experts expect interest rates to rise.
Keros isn't through with savings bonds, however. He's thinking about switching to I-bonds, which pay a ...
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Article: Savings bonds are showing life in a new incarnation
Sunday Gazette-Mail;
December 27, 1998 ;
539 words
...Savings bonds have long represented...returns, the 30-year savings bonds have usually yielded...bolster sales of savings bonds, which have been...bond's 3.3 percent fixed rate of return and the...traditional Series EE savings bonds, whose current ...
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