In a low interest rate environment, the long forgotten EE bonds come back as appealing again, because they offer a guarantee to double the nominal value in 20 years. That comes out to a 3.5% compound annual return if you have the fortitude to hold them for 20 years. After I wrote the previous post […]
EE Bonds vs CDs and Bond Funds For Long-Term Investment
It’s often said that one’s ability to delay gratification is an important factor of success in personal finance. When you don’t buy that new whatever until you have enough money to pay for it, you save on interest you would otherwise pay. When you save a portion of your current pay for retirement, you are […]