LastShadow's Position Trading Message Board

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Strategies & Market Trends : LastShadow's Position Trading

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To: AlienTech who wrote (26886)	12/11/1999 11:17:00 PM
From: AlienTech	Read Replies (3) of 43080

Anyone know about US savings BONDS? I went into the bank today to get a CD since I was told that was the safest investment you could make next to cash. But I was told at the bank that I could buy bonds, they pay like a MINUMIUM of 4% intrest on it and you will always get back what you paid for it PLUS the at least 4% intrest. I was always under the impression that if You buy a bond for $500 @ 8% intrest, When the intrest went to 4% that bond was only worth $250 now. So either I was mistaken or the bank clerk was.. anyone?

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