What should I do with Savings Bonds after they have hit Maturity.  Some tell me to leave them alone and some tell me to cash it in and get new Savings Bonds with them?  It's my 6 years old son- his great-grandma gives Savings Bonds for his Birthday every year
131757
You aren't earning much interest with savings bonds.  The only incentive would be the no tax distribution if it's used for education expenses.  It depends on the type of saving bonds though.  So do more research on the particular type you have and compare the interest rates and the potential tax savings.  Essentially DO THE MATH.
644097
It might be a better time to get out of the bond market.  6 mo T-bills pay 5%. Why tie your money up for 10 years and risk that interest rates might go up to 8% long term. That is probably where they should be.
660452
What are you talking about.  I have I bonds.  They haven't destroyed my trust.  They're not meant for you to make a lot of money.  They are a government investment.
469437
What kind of savings account gives you 10% interest? And anyway, why would you only want to save $200? Very mind-boggling. Why would you want to know the answer? Is this your homework?\nAnyway, just for the heck of answering:\nUse a financial calculator. \nKey in 200, followed by pmt. (Payment)\nKey in 10, followed by n. (No. of years)\nKey in 10, followed by i. (Interest)\nCompute the value. \n\nThe value that you get is how much you will have in your bank at the end of 10 years. That figure is your PV for the following calculations:\n\nTake calculator, key in figure followed by PV.\nKey in 10, followed by n.\nKey in 10, followed by i.\nCompute FV.\n\nTah dah! The answer you want!
191130
I would give it to my parents to save up for their retirement my dad works in construction and he has no 401k or any kind of plan for retirement when he can no linger work that's it for them they are just gonna live on social security checks which we know is not enough to live on...I know that 50gs is not enough to live on for a long time but its a start better than nothing.
609400
They will continue to accrue interest for 30 years after the date posted on the front of the bond. If you go to www.savingsbond.gov you can enter the date posted on the bond and find out the exact current value of the bond. Good Luck
227690
I had and IRA with them for the last 6 years.  I have since move it to Fidelity because it didn't do well, and my adviser wasn't keen on keeping me up to date.  On finsishrich.com, the site of David Bach, he has resources you can use to find a good adviser.
168164
For a three year time horizon you do not invest your money... you save it;\nwww.ingdirect.com\nwww.GMACBank.com\nwww.HSBCDirect.com\n\nAll have regular savings and CD's which are very competitive. Stocks (or stock funds) would be a gamble for a 3 year hold.  Take some time to learn this stuff while you're young.  It's the best time to start savings/investing.\n\nGood luck!
104215
1).  What are you adjusting your notes payable for?  Interest Expense?  Current Maturity?  Interest Payable?\n\n2).  When was the "timber tract" purchased?  What is the useful life of the "timer tract"?  What method of depreciation are you using?  Just because you have a salvage value does not mean you fully depreciate it in the current year.  After you get the correct depreciation (using the above information), then you would debit depreciation expense and credit accumulated depreciation.
425019
Do you want to actively manage your money (i.e., keep track of your asset allocation, etc) or would you prefere to put the money away and only check on it every once in a while?  \n\nIf you want to actively manage your money, I'd recommend fidelity or vanguards websites for some planning tools.  \n\nIf you would rather let your money go on autopilot, I'd consider what is called a life-cycle fund.  You pick what year your target retirment date is, and the fun automatically adjusts to the asset allocation that is appropriate for you.  What this means is that as you age, your investments get a little more conservative because you have a shorter time frame until you retire.  By doing this, you may give up a little bet of potential investment return, but you'll spend very little time managing  your investments.\n\nGood luck!
371755
All depends on your age and what % of your portfolio this represents.  The younger you are, the more aggressive you can be, the older/closer to retirement, the more conservative you probably will want to be.\n\n1st things, first, understand what you're investing in and how to do so.  Else, it might not matter as you might end up throwing it all away.  So study first, then invest!
649959
Sorry, you're a minor. (I'm only 14) And as such you can't legally own anything. Now, as a parent as a custodian you could get some of that stuff, but in the end they would always have the final word on everything. (You don't really legal exist, your parents represent you) But even with a custodian you couldn't get the patents or copyrights you need under your own name. You could (if you had the money) hire a lawyer to represent you as an adult, but your parent would have to consent. As for bank accounts, you may be able to open a joint account with one of your parents. (I did) Personally, I'd wait a bit, maybe until you sixteen or so to get really serious. Talk to your parents about it (I know, that wouldn't be like you want, but that's life as a minor) I hope you do really well in all your future endevors.
117902
You were supposed to open a 529 when she was a baby.\n\nIf you have more children. I suggest you to open a 529 today.\n\nShe has to get a summer job a soon as possible and save her entire paycheck.\n\nShe can work part time after school too as soon as possible and save her entire paycheck.\n\nIncrease your credit score to above 700 (If you don't know how, drop me a line)\n\nI need you to answer a few questions:\nWhere do you live (State)?\nHow many years is she going to college?\nIs she in the top 10% of her class?\nWhat is your current credit score?\nHow much do you make each year?
16181
It is in fidelity.  Have patience and the money will be there.  And I think BASF is very concerned about your money, despite 18yrs.
338040
I think most people don't really take into account the current interest rate when saving.  Even though they have gone up, they're still pretty low, if you look back at history.\n\nI might be enticed into buying some long-term bonds if they go into double digits, but by then the economy will look a bit strange.\n\nPersonally, I haven't changed my habits from the rise in interest rates.  They're still too low to worry about right now.
39696
Hi again, Stef. The $13,000 is not income per se. The interest you made on the principle (the original amount you deposited into the fund) is income. I do not know what you re doing with the dividends you make on the fund. Are you reinvesting it? Unless you are talking big, big, bucks here in dividends, you have no worries. However, I am concerned that you were charged so much for an 8 year old car.
676569
Automatic savings.  Open an IRA for retirement and automatically have $200 per month taken out of your pay and put in that account until you max out on the yearly limit.  You could even more than $200 in now, since the year is half over.\n\nPay yourself first.  You can't spend it if you never see it.  Your old self will thank the smart young self that started saving.