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Question about purchasing savings bonds. What? it's paper money.
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<p>[QUOTE="wolfee, post: 1328885, member: 34986"]Maybe 100 years from now the paper Treasuries will have some numismatic value as all Treasuries are now electronic only. From an investment value you should consider total return as negative, after taxes and inflation. A 5 year Treasury yields under .9% and a 10 year is under 2%. These things are not really investments, they are simply a way to PRESERVE money, not grow it. I would be quite confident that buying collectible US coins from the Mint will exceed the total return of any ibond, savings bond or Treasury bond you can buy.</p><p><br /></p><p>Joey, I manage money for old people. Many of them have in excess of 1 million dollars in a Treasury direct account. They are terrified of taking ANY risk and pay a big price. Mainly, I watch them lose thousands every year to inflation and taxes because they won't invest in anything. The whole world is irrationally afraid of risk right now and looking for safety. That tells you one thing--take SOME risk and get a better than usual reward.[/QUOTE]</p><p><br /></p>
[QUOTE="wolfee, post: 1328885, member: 34986"]Maybe 100 years from now the paper Treasuries will have some numismatic value as all Treasuries are now electronic only. From an investment value you should consider total return as negative, after taxes and inflation. A 5 year Treasury yields under .9% and a 10 year is under 2%. These things are not really investments, they are simply a way to PRESERVE money, not grow it. I would be quite confident that buying collectible US coins from the Mint will exceed the total return of any ibond, savings bond or Treasury bond you can buy. Joey, I manage money for old people. Many of them have in excess of 1 million dollars in a Treasury direct account. They are terrified of taking ANY risk and pay a big price. Mainly, I watch them lose thousands every year to inflation and taxes because they won't invest in anything. The whole world is irrationally afraid of risk right now and looking for safety. That tells you one thing--take SOME risk and get a better than usual reward.[/QUOTE]
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Question about purchasing savings bonds. What? it's paper money.
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