Comments on: In 2028, 1.40% EE bonds will earn 50% in one day http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/ Wed, 20 Aug 2008 11:43:15 +0000 http://wordpress.org/?v=2.0.4 by: eugene losch http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-21473 Mon, 02 Jun 2008 01:54:04 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-21473 I did not say the was the rule of 72 was the BIBLE or quote chapter & verse. but it is for those not taking calculus a quick way to figure out uncle sam is screwing them. Also a bond is loaning money and the us gov't is borrowing and guaranteeing gse loans through fnm & fredie mac of up to 700,000 dollars BINGO!!!!!!!!!!!!!!!! connected.Mystery solved!!!!!!!!!!!!!!!! And really 49.86 verses 51.43 50 yrs from now who cares about specifics!!!!!!!!!!!!!! IT IS A HALF A CENTURY!!!!!!!!!!!!!!!! I did not say the was the rule of 72 was the BIBLE or quote chapter & verse. but it is for those not taking calculus a quick way to figure out uncle sam is screwing them. Also a bond is loaning money and the us gov't is borrowing and guaranteeing gse loans through fnm & fredie mac of up to 700,000 dollars BINGO!!!!!!!!!!!!!!!! connected.Mystery solved!!!!!!!!!!!!!!!!
And really 49.86 verses 51.43 50 yrs from now who cares about specifics!!!!!!!!!!!!!! IT IS A HALF A CENTURY!!!!!!!!!!!!!!!!

]]> by: Joseph http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-21003 Thu, 22 May 2008 14:21:34 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-21003 The Rule of 72 is just an approximation of the time it takes to double one's money at a certain interest rate. Just use any internet search engine to find the derivation of the this Rule. However, The RULE of 72 is pretty darn accurate for numbers within a defined range, i.e, 2%-18% but doesn't even come close for large numbers. Example: If the interest rate is 72% the rule of 72 would give you a double in one year, but obviously that is not the case. At a 72% interest rate it would take 1.28 years to double your money, assuming annual compounding. The Rule of 72 is just an approximation of the time it takes to double one's money at a certain interest rate. Just use any internet search engine to find the derivation of the this Rule. However, The RULE of 72 is pretty darn accurate for numbers within a defined range, i.e, 2%-18% but doesn't even come close for large numbers. Example: If the interest rate is 72% the rule of 72 would give you a double in one year, but obviously that is not the case. At a 72% interest rate it would take 1.28 years to double your money, assuming annual compounding.

]]> by: Steve http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20974 Wed, 21 May 2008 20:32:11 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20974 The "rule of 72" it's not the Bible; it would take <i>only</i> 49.86 years for the initial capital to double at a 1.4% annual interest. What this has to do with the mortgage bailout it's a mistery to me, anyway. Speaking of which, the bailout (of mortgages and big financial firms) is absolutely disgusting and it makes me want to puke. It is plain immoral. Yet, not doing anything could turn in an even worse damage for the rest of us, careful investors, as well. A sad situation indeed... The "rule of 72" it's not the Bible; it would take only 49.86 years for the initial capital to double at a 1.4% annual interest.
What this has to do with the mortgage bailout it's a mistery to me, anyway.

Speaking of which, the bailout (of mortgages and big financial firms) is absolutely disgusting and it makes me want to puke. It is plain immoral.

Yet, not doing anything could turn in an even worse damage for the rest of us, careful investors, as well. A sad situation indeed…

]]> by: eugene losch http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20972 Wed, 21 May 2008 17:38:35 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20972 By the rule of 72. Take the interest rate being received and divide into 72 and it will give the number of years to double your money. Example: 8% divided into 72 is 9 years to double.This is true for all interest rates. 1.4% divided into 72 is 51.43 years!!!!!!!!!!!!!!! How incredible and yet the same government will guarantee a mortgage of over 700,000 dollars for a household!!!!!!!!!!!!!!! SORRY! MY RATIONAL MIND IS OVERWHELMED BY THIS KIND OF PSYCHOTIC THINKING!!!!!!!!!! Best wishes thanks Eugene By the rule of 72. Take the interest rate being received and divide into 72 and it will give the number of years to double your money. Example: 8% divided into 72 is 9 years to double.This is true for all interest rates. 1.4% divided into 72 is 51.43 years!!!!!!!!!!!!!!! How incredible and yet the same government will guarantee a mortgage of over 700,000 dollars for a household!!!!!!!!!!!!!!!
SORRY! MY RATIONAL MIND IS OVERWHELMED BY THIS KIND OF PSYCHOTIC THINKING!!!!!!!!!!
Best wishes
thanks
Eugene

]]> by: Tom Adams http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20891 Mon, 19 May 2008 14:09:33 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20891 To be clear, I don't see this bump as a reason to invest in EE bonds, but as a reason <b>not</b> to invest in them. It would be much better if the Treasury just set the rate at 3.5% and let the bonds earn the interest gradually instead of concentrating it all on one day. Tom Adams To be clear, I don't see this bump as a reason to invest in EE bonds, but as a reason not to invest in them.

It would be much better if the Treasury just set the rate at 3.5% and let the bonds earn the interest gradually instead of concentrating it all on one day.

Tom Adams

]]> by: Shane Williams http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20874 Sun, 18 May 2008 13:17:26 +0000 http://www.savings-bond-advisor.com/ee-bonds-will-earn-50-in-one-day/#comment-20874 Damn I have at least 15 EE bonds that will start maturing in 2020. Guess I made the right choice to invest in I bonds once thier % rate goes up. Damn I have at least 15 EE bonds that will start maturing in 2020. Guess I made the right choice to invest in I bonds once thier % rate goes up.

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