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Author: DorothyM Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: E Bonds - Advice please Date: 7/22/2011 10:47 AM
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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...
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