Savings Bonds

Currently reading The Basics of Investing

saving bonds
Savings Bonds – Basics of Investing | Investment Options

Millions of people around the world have invested in savings bonds to reach their savings goals.

Endless possibilities & quite popular

Savings bonds are known by their series names. Everyone has the opportunity to make use of these bonds. Savings bonds can be bought at almost any bank at start at a minimal cost.

Liquid investments are rather simple to obtain and easy to manage with no penalties if you cash in your savings bond within the first 6 months. The interest of savings bonds are guaranteed by the full faith and credit of the country or government. Should you lose a savings bond, it can be replaced.

Interest on savings bonds is exempt from state and local income taxes. Income taxes are postponed until you cash in your bond, or until it stops earning interest (30 years down the road).

Similar Articles