Comments on: Best day to buy a Savings Bond http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/ Sun, 20 Jul 2008 16:06:27 +0000 http://wordpress.org/?v=2.0.4 by: Tom Adams http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-157 Sun, 26 Feb 2006 19:26:31 +0000 http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-157 Cregg - in your case, you're earning interest during the beginning of the month on money that was actually part of your employer's funds. Still not a bad deal. Cregg - in your case, you're earning interest during the beginning of the month on money that was actually part of your employer's funds. Still not a bad deal.

]]> by: cregg steffler http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-156 Sun, 26 Feb 2006 02:17:27 +0000 http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-156 Okay, now that makes sense to me. I was blind to that assumption only because when I buy bonds, it comes straight out of my paycheck (not from previously invested funds.) Okay, now that makes sense to me.

I was blind to that assumption only because when I buy bonds, it comes straight out of my paycheck (not from previously invested funds.)

]]> by: Tom Adams http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-153 Sat, 25 Feb 2006 23:35:58 +0000 http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-153 Cregg - the idea has a hidden assumption - when I show it to you, you'll understand. The assumption is that your money is invested elsewhere during the beginning of the month, such as in a savings or money market account that pays interest daily. Thus, when you switch to Savings Bonds at the end of the month, your money effectively earns interest from two different sources for that month. Cregg - the idea has a hidden assumption - when I show it to you, you'll understand. The assumption is that your money is invested elsewhere during the beginning of the month, such as in a savings or money market account that pays interest daily.

Thus, when you switch to Savings Bonds at the end of the month, your money effectively earns interest from two different sources for that month.

]]> by: cregg steffler http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-152 Sat, 25 Feb 2006 03:47:03 +0000 http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-152 I am missing something here. Given: If I buy a bond on the last day of the month, I get that month's full interest on that bond. However, if I buy the bond on ANY day of that month I still pay the same principal for the bond plus I still get that month's full interest. Or don't I? What I'm trying to say is: I don't see any advantage to buying a bond at the end of the month (as compared to the beginning of the month). Please explain! Thanks. I am missing something here. Given: If I buy a bond on the last day of the month, I get that month's full interest on that bond.

However, if I buy the bond on ANY day of that month I still pay the same principal for the bond plus I still get that month's full interest. Or don't I?

What I'm trying to say is: I don't see any advantage to buying a bond at the end of the month (as compared to the beginning of the month). Please explain! Thanks.

]]> by: baselle http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-151 Fri, 24 Feb 2006 05:59:21 +0000 http://www.savings-bond-advisor.com/best-day-to-buy-a-savings-bond/#comment-151 A few *business* days before the end of the month. A few *business* days before the end of the month.

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