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<p>[QUOTE="Troodon, post: 1640235, member: 4626"]I could be worried over nothing lol but I just find having something physically in my hand more comforting than having it stored electronically somewhere; call me old fashioned if you like.</p><p><br /></p><p>That picture reminds me of the savings bonds my father purchased for me shortly after I was born in 1976. He bought two $50 series D bonds (no longer issued) and gave them to me about the time they fully matured in 2006. I cashed them in and used the proceeds to buy more bonds. The $100 face value of the bonds were worth $426 in 2006. Pretty decent long term investment, and fairly safe (it about doubles your money if you adjust for inflation). Depends on interest rates, inflation rates, and how much faith you have the government will stay economically stable for the next 30 years lol... but assuming there's no major economic disaster it still beats putting the same amount of money under your mattress for 30 years. Been in the habit of getting $100 worth every year out of my tax refund for the last few years.</p><p><br /></p><p>P.S. Banks don't have any way of reading the punch cards on those bonds anymore lol... but they were able to authenticate the bond and look up the redemption value easily enough.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 1640235, member: 4626"]I could be worried over nothing lol but I just find having something physically in my hand more comforting than having it stored electronically somewhere; call me old fashioned if you like. That picture reminds me of the savings bonds my father purchased for me shortly after I was born in 1976. He bought two $50 series D bonds (no longer issued) and gave them to me about the time they fully matured in 2006. I cashed them in and used the proceeds to buy more bonds. The $100 face value of the bonds were worth $426 in 2006. Pretty decent long term investment, and fairly safe (it about doubles your money if you adjust for inflation). Depends on interest rates, inflation rates, and how much faith you have the government will stay economically stable for the next 30 years lol... but assuming there's no major economic disaster it still beats putting the same amount of money under your mattress for 30 years. Been in the habit of getting $100 worth every year out of my tax refund for the last few years. P.S. Banks don't have any way of reading the punch cards on those bonds anymore lol... but they were able to authenticate the bond and look up the redemption value easily enough.[/QUOTE]
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