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Greetings, Anita, and welcome. You wrote:

<<In 1989 and 1990, we were looking for some safe investments and easy access to the money in case of an emergency. We bought $30,000 of series EE bonds. The rates were not bad at that time and we didn't have to pay taxes on the money earned.

I haven't checked into when the bonds will be mature or how much the bonds are worth today in actual dollars, but will have to start checking into this investment soon and decide what to do with this money.

And so, that is why I'm here.

I would like to continue keeping this money in a safe investment and have access to it for an emergency as before, but don't know where to invest it.
This time tho, we want to draw out the interest, but not touch the principal.>>

Others have given you much food for thought and sites to visit for further information on "safe" interest-producing vehicles. I won't really add to that except to mention that short to intermediate-term bond funds are also a reasonable option. You can have the interest sent to you instead of being reinvested and they can provide a relatively stable principal value in the process.


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