On 7/20/2001 I bought an I bond (dated 7/2001). What will be the earliest possible date to cash it, 1/1/2002 (six months from the 1st of the month when I bought it), or 1/21/2001 (six months from the purchase date)?Hi,I'd think the intent is that you can't cash it in for six months from the date of purchase. Is the only date anywhere 7/2001? I wonder if that might mean you need to wait till 2/2002.The web site is not clear either:http://www.publicdebt.treas.gov/sav/sbicash.htm"You can cash your I Bond any time after six months and get your original investment plus earnings."What is clear however:"... I Bonds are meant to be longer term investments, so if you cash a bond within the first five years, you'll forfeit three months' worth of earnings."Keith O'MalleyTMF KGOMalleyThe Motley Fool Money GuideIn this friendly and helpful guide, you'll find simple answers to 500 frequently asked questions about personal finance and investing. You will learn about a wide range of topics including budgeting, buying a home or car, insurance needs, paying for college, investing in mutual funds or stocks, and managing your investment portfolio. www.foolmart.com/Shopping/Product_View.asp?PRODUCT_ID=MF031_02&ref=CSBO02111
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra