EE Savings Bonds - which to cash in first? Provide extra details too please.?
Just curious, here are 2 bonds listed below as an example:
EE $500 05/1997 10/2013 05/2027 $250.00 $182.40 0.68% $432.40
or
EE $200 05/1994 10/2013 05/2024 $100.00 $115.12 4.00% $215.12
Please let me know which you would cash in today and why - I am trying to figure out how these work..
THANKS!
Comments
Go online and see what they are paying on interest rates on those bonds. I believe that they are going to be paying out about 5% and if they are, you want to sit on them since no place is paying out 5% these days.