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Article: MONEY MONDAY: Rock solid; U.S. savings bonds offer safety, tax benefits
- Article from:
- New Haven Register
- Article date:
- October 30, 2006
- Author:
CopyrightCopyright 2006 New Haven Register. Provided by ProQuest LLC. (Hide copyright information)
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In an uncertain world, some people are looking for certainty -
especially when it comes to their investments. There are many safe
investments - corporate bonds, certificates of deposit and money
market funds come to mind.
But perhaps the safest investment, short of stashing your cash in
a vault, is U.S. savings bonds.
Many people think of savings bonds only as something a parent or
grandparent gave them when they were young. But they can play a part
in a balanced portfolio of investments by providing stability.
"It's a tax-favored way to accumulate wealth with a conservative
investment. Usually the rate is competitive," said William J. Saas, a
certified public accountant and a partner with ...