I currently own approx. 6500$ in series EE savings bonds varying in purchase dates from 1990 to 1999(the 6500 is the purchase value or known appreciation value). After becoming Foolish on ivesting I am thinking of cashing in all bonds and rolling the investment into stocks for my 15 month old daughter and my other that is due in dec. First, what are the tax issues above interest income? Also, does this sound like a Foolish strategy given 18 yrs to college?-a brand new fool!
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