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Advice on savings bonds purchased in 1990's?
These bonds don't mature(stop earning interest) until 2020- 2023. They're earning 4%, not bad for now. I'm thinking best to hold as long as possible. I really don't want to cash as that would bump taxable income and could mess things up with other matters to be considered.So do I hold and take the 4%, or can I do better.
Just looking for thoughts from anyone with some knowledge . Thanks!
1 Answer
- Mr. PrefectLv 61 decade agoFavorite Answer
Hold them til maturity unless you truly need the money now. You won't get 4% anywhere else unless you look into stocks.
