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Savings-Bonds-Alert: Keep or redeem?

Friday, November 05, 2004

Keep or redeem?

I have some Series I Savings Bonds issued in Oct 2001. I'm not sure what the interest rate is. Do you think I should hold onto these or should I sell them? Tom's response For the next six months these bonds will earn 4.66% or so, which is much higher than most Savings Bonds and higher than any other places you could put the money at this very low risk-level. Unless you need the money for something I think you should hold on to them.

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