savings bond?

if you have that kind of cash you can do a roth ira where you can put up to $4000 a year and by the time you retire you will have over a million. savings bonds aren't worth it.

I did this for almost 10 years... What a crock of crap !! I invested the same amount in a mutual fund and received 3 times as much ! Won't make that mistake again ! ! !

Do yourself a favor, stay away from savings bonds... The government is not here to help you with money... They have bonds to HELP THEMSELVES ! Pretty much ANY investment is better than a savings bond... Case closed !!

: )

It is a good idea depending on your objective. Is this for the long term or short term? What is the maturity rate? What type of bonds? Finally, what is your risk tolerance?

Investment grade bonds can be a good idea if you need a very safe place to park some money which you will need shortly.

If you time horizon is long term (i.e. you are 20-35 and it's for retirement) stocks may be the better choice.

Saving money is good "PERIOD".

Interest rates are at a historical low (slightly above). You will not be earning too much money on interest, but you will maintain your principal. This is not a "Get rich" way to save but rather a "Save Safely" way to build wealth.

Difference between weathy & rich is that weathy lasts long into the future ... rich is short term and usually temporary (like won lotto & went shopping till broke).

I would recomend that you start doing this. In time as you are comfortable with this stragegy that you proposed to yourself, then you can look at expanding your investing to other products like mutual funds, stocks, and bonds (high yeild bonds).

Good health, and wealth make many ppl happy.

You could do worse. It is hard to say exactly because there are fluctuations based on interest rates in the meanwhile. The old-style savings bond had a definite table of values. This is good though.

Savings bonds are not really a great investment because it takes years to see any growth at all, and then its minimal. The best thing is go to your bank and ask about short term IRA's...Roth is best

3% interest

savings bonds are very safe, secure investments, but won't make anyone rich; if you have $100/week to invest, put it in a stock-based mutual fund and watch it grow

get I bonds if you are going to do that, and yes its a good buy, checkout http://www.treasurydirect.com/