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Tuesday, June 13th, 2006
Categorized as: Savings Bond news
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I have some EE bonds most are 1988 and some are 1989 1 2000 I was thinking that the 1988's would be matured at 12 years after issue not correct? I didn't see the dates on those. Should I do something else with these
Faye - 12 years? Yes. Do something else? No.
Tom Adams
Here's a nice observation that appeared today on the Bogleheads page that reinforces some of Tom's succinct philosophy on comparing the stock market to inflation over finite time spans:
$100,000 invested in the stock market in 1961, including reinvested dividends, but corrected for inflation, would have grown to $100,960 in 1975 (14 years) or $129,500 in 1976 (15 years).
And of course, $100,000 invested in the stock market in 1928, including reinvested dividends, but corrected for inflation, would have "grown" to $91,300 in 14 years, $111,400 in 15 years, $135,000 in 20 years.