No. of Recommendations: 0
Several years ago I inherited about $70K in E bonds -- Individual bonds stop earning interest starting in 2013 and finish in 2024. The interest rates are OK compared to current Money Market and CDs and until recently they've been a little pillow in the background of my nestegg.

The possibility of default (surprise!) has made me nervous. Obviously, I don't want to cash in the bonds and take the tax hit but I wonder if I'm being foolish or Foolish.

I also have about $20,000 in I bonds purchased about 6-8 years ago.

So I'm sitting tight and hoping for a modicum of sense from Washington. Opinion? Please...
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement