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Subject:  Purchase of Bond Date:  7/23/2001  1:26 PM
Author:  RAM11 Number:  120 of 352

Having read the Fool information about the purchase of a bond, I decided the thing for me is an I-bond as a place for money instead of a savings account. BUT, I am somewhat puzzled, having decided to purchase on the internet, by the disclaimer that even if parked in an I-Bond for say, 1 year, there appeared something to the effect that a penalty will be incurred if the bond is sold before 5 years. Can anyone explain this?
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