Comments on: What's a Gulf Coast Recovery Bond? http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/ Wed, 08 Feb 2012 16:34:17 +0000 http://wordpress.org/?v=2.0.4 by: Savings Bond Alert #019: Savings-Bond-Advisor http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-292 Wed, 19 Apr 2006 15:49:09 +0000 http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-292 [...] What's a Gulf Coast Recovery Bond? [...] […] What's a Gulf Coast Recovery Bond? […]

]]> by: Mario http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-247 Sat, 01 Apr 2006 03:41:13 +0000 http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-247 Congrats to Congressman Rogers, I hope he did his homework and is not surprised when his 6.7% return goes to 2% on Sept 1. Then again, he only got a $100 bond, I'm sure he knows why he didn't get a $10,000 bond. Certainly a good move by the Congressman to get it March 29, to get March's interest for free. I sure hope the Treasury will give me a nice incentive (fixed *cough* rate *cough*) to also get a Gulf Coast Recovery Bond, especially since my girlfriend lives on the coast and evacuated from Hurricane Rita. I also got a $100 EE Patriot Bond back when they were first designated as such. Who knows, maybe one distant day they'll become collectors items? Congrats to Congressman Rogers, I hope he did his homework and is not surprised when his 6.7% return goes to 2% on Sept 1. Then again, he only got a $100 bond, I'm sure he knows why he didn't get a $10,000 bond. Certainly a good move by the Congressman to get it March 29, to get March's interest for free.

I sure hope the Treasury will give me a nice incentive (fixed *cough* rate *cough*) to also get a Gulf Coast Recovery Bond, especially since my girlfriend lives on the coast and evacuated from Hurricane Rita. I also got a $100 EE Patriot Bond back when they were first designated as such. Who knows, maybe one distant day they'll become collectors items?

]]> by: Tom Adams http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-245 Thu, 30 Mar 2006 22:34:20 +0000 http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-245 The <a href="http://www.courier-journal.com/apps/pbcs.dll/article?AID=/20060330/BUSINESS/603300360/1003/BUSINESS" rel="nofollow">Louisville Courier-Journal</a> reports that Congressman Rogers, a Republican, bought the first one. The history books say that much was made of President Franklin Roosevelt, a Democrat, buying the first Series E Savings Bond in May 1941. The Louisville Courier-Journal reports that Congressman Rogers, a Republican, bought the first one. The history books say that much was made of President Franklin Roosevelt, a Democrat, buying the first Series E Savings Bond in May 1941.

]]> by: Mario http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-244 Thu, 30 Mar 2006 18:54:52 +0000 http://www.savings-bond-advisor.com/whats-a-gulf-coast-recovery-bond/#comment-244 Appears to be a marketing gimmick of similar magnitude as the double face value of EE bonds. Of course the Treasury knows by now that I bond rates will suck for the rest of the year, so they appeal to our emotions and good hearts and call them Gulf Coast Recovery Bond. They are rightfully so named with an anticipated dismal return for 2006, because when squandering money on maintaining thousands of empty trailers in the mud in Hope, Arkansas you can't expect to get much utility out of the bond. Appears to be a marketing gimmick of similar magnitude as the double face value of EE bonds. Of course the Treasury knows by now that I bond rates will suck for the rest of the year, so they appeal to our emotions and good hearts and call them Gulf Coast Recovery Bond. They are rightfully so named with an anticipated dismal return for 2006, because when squandering money on maintaining thousands of empty trailers in the mud in Hope, Arkansas you can't expect to get much utility out of the bond.

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