Comments on: US savings rate and Savings Bonds http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/ Thu, 18 Mar 2010 13:28:18 +0000 http://wordpress.org/?v=2.0.4 by: Jon Black http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-30196 Tue, 28 Oct 2008 12:35:12 +0000 http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-30196 Michael - When I look at the $10,000 series I savings bonds I bought in August of 2000, I realize the likely REAL answer to your question, even though the folks at Treasury won't admit it. According to the Savings Bonds Calculator, my bonds are currently getting a rate of 8.53%, and they're about as secure an investment as one can get. I bought them when the fixed rate was 3.6%. A bond I bought for $10,000 in 2000 has appreciated to $16,756. Treasury has concluded deals like that are TOO good. The fixed rate is currently zero, and the $10,000 denomination bond is discontinued. Gee, wouldn't deals like I got in 2000 really encourage people to save and to use savings bonds to do it? Wouldn't you feel like our government is interested in helping guys like you with the same zeal they show for helping corporations like AIG? Michael - When I look at the $10,000 series I savings bonds I bought in August of 2000, I realize the likely REAL answer to your question, even though the folks at Treasury won't admit it. According to the Savings Bonds Calculator, my bonds are currently getting a rate of 8.53%, and they're about as secure an investment as one can get. I bought them when the fixed rate was 3.6%. A bond I bought for $10,000 in 2000 has appreciated to $16,756. Treasury has concluded deals like that are TOO good. The fixed rate is currently zero, and the $10,000 denomination bond is discontinued.

Gee, wouldn't deals like I got in 2000 really encourage people to save and to use savings bonds to do it? Wouldn't you feel like our government is interested in helping guys like you with the same zeal they show for helping corporations like AIG?

]]> by: Tom Adams http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-29119 Thu, 09 Oct 2008 13:55:17 +0000 http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-29119 Michael - see the comments on <a href="http://www.savings-bond-advisor.com/savings-bond-annual-purchase-limits-reduced-to-5000/" rel="nofollow">this page</a> for a discussion of your questions. Tom Adams Michael - see the comments on this page for a discussion of your questions.

Tom Adams

]]> by: Michael A. http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-29113 Thu, 09 Oct 2008 11:39:59 +0000 http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-29113 I agree with Jon Black. Why did the Govt. reduce the amount we can buy from $30,000 to $5,000, and has there been any talk abouting raising the $5,000 amount? My stash of I Bonds will probably help me though these tough times. I agree with Jon Black. Why did the Govt. reduce the amount we can buy from $30,000 to $5,000, and has there been any talk abouting raising the $5,000 amount? My stash of I Bonds will probably help me though these tough times.

]]> by: Jon Black http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-28901 Mon, 06 Oct 2008 11:46:58 +0000 http://www.savings-bond-advisor.com/us-savings-rate-and-savings-bonds/#comment-28901 This article is dated 2005 and it surprises me that nobody commented on it. Nonetheless, three years later, and in the midst of a financial crisis that involves over-leverage and lack of personal savings, the message of the article is clear and relevant. Joe Sixpack (AKA "Joe Taxpayer") needs a government that works for him as well at it has worked for wealthy people and Corporate America. Instead of the steady dismantling of the Savings Bonds program, while providing tax breaks and tax money for corporate bailouts, as has happened over the past years, now is the time for our government to encourage the average American to save. Sadly, the mecahnism for this has been in place for years...the Savings Bond program. We simply need government that works for ALL of the people, not for just some of them. REVITALIZE the Savings Bonds program, encourage its use, and provide incentives for doing so. This article is dated 2005 and it surprises me that nobody commented on it. Nonetheless, three years later, and in the midst of a financial crisis that involves over-leverage and lack of personal savings, the message of the article is clear and relevant. Joe Sixpack (AKA "Joe Taxpayer") needs a government that works for him as well at it has worked for wealthy people and Corporate America. Instead of the steady dismantling of the Savings Bonds program, while providing tax breaks and tax money for corporate bailouts, as has happened over the past years, now is the time for our government to encourage the average American to save. Sadly, the mecahnism for this has been in place for years…the Savings Bond program. We simply need government that works for ALL of the people, not for just some of them. REVITALIZE the Savings Bonds program, encourage its use, and provide incentives for doing so.

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