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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: studdog who wrote (44851)11/6/2005 10:44:51 AM
From: Nibbler  Read Replies (2) | Respond to of 110194
 
Thanks for the information, appreciate it.

We got a stack of EE bonds we bought through payroll deductions years ago when our kids we just born. At the time, they were guaranteed a floor of 6% for the life of the bond, so it was a pretty good deal. Stopped buying them when they stopped guaranteeing 6%.

If we use them for educational expenses for our kids, they will be tax-free if our income is low enough. With the path our economy is on, too much income may not be an issue when our kids hit college <g>!

Legacy Treasury Direct does off a WROS (with rights of survivorship) option for the accounts. So we both own some Tbills, haven't tried to buy any bonds with this as I currently like the high yields and short durations.