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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (55184)	10/10/2001 10:30:02 AM
From: Tradelite	Read Replies (3) \| Respond to of 57584

Realize in advance that this post will fall on the deaf ears of people making FAR more money trading stocks-of-the-day, but I'm off to my bank in a little while to put some more cash into a strange bird known as I-Bonds, issued by the U.S. Treasury Department. On a private email discussion group that I subscribe to, there have been questions about how to invest in what used to be called "war bonds." These bonds don't exist by the same name, anymore. But terrifically good U.S. govt bonds do exist--perfect for investors in an uncertain market. No one plugs them, because Wall Street/financial gurus/porfolio managers make NO money selling them. Having recently acquired a substantial amount of cash, I have to find a place to invest it. I can't find a better, more tax-efficient vehicle than I-bonds. Thru October, they are paying 5.92 percent, you can cash them in for your principle plus any gain after three months, but should hold them five years or more for max gain. No risk....no fed tax owed until cashed....no state/local tax owed even when you do cash them in. Can be purchased thru CERTAIN, not all, local banks. Meanwhile, stay tuned for rising interest rates on home mortgages, CDs, etc.....this is coming, I believe, really quick.