#bonds

Inheriting Municipal Bonds

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Inheriting Municipal Bonds While I’m waiting for distribution of my dad’s estate, I keep thinking of questions that I can’t find answers to. This week’s question is about bonds. He had a lot of bonds in his brokerage account and I have the basis numbers. Some of the bonds have matured since he died. Is the cash in the brokerage account from matured bonds? What happens wit…

Reddit Personal Finance 1.0k 2024-12-16

Skip bonds? Vanguard vs fidelity?

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Skip bonds? Vanguard vs fidelity? Mid 30s male planning to retire ~60. Should have a pension I can live on and already have about 500k in tax advantaged retirement accounts from prior employer. Just paid off all debt so want to start investing. With the pension being a guaranteed income at 59.5 years old would you recommend just avoiding investing in bonds? Also deciding between…

Reddit Personal Finance 1.0k 2024-12-13

I don’t know why bonds are considered to be safer than interest on savings

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I don’t know why bonds are considered to be safer than interest on savings Hi, I’m new here and I don’t know anything about personal finance, I’ve been told countless times that bonds represent the risk-free rate because they are sooo safe, but what I’m wondering is why not just put money into a savings account, not only are the interest rates better, I think??, but also not that risky if you have savings on multiple a…

Reddit Personal Finance 1.0k 2024-11-24

(US) Is there any savings type (e.g. bonds, whatever) that allows you reinvest the dividends at the same rate that you locked it in initially at?

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(US) Is there any savings type (e.g. bonds, whatever) that allows you reinvest the dividends at the same rate that you locked it in initially at? Like if I put money into a 30-year 4% Treasury Bond and it spit out $2,000 every year. Would there be a way to have that 4% rate locked in for the next 30 years to invest that $2,000 APY into? If not, is there any similar thing to what I am asking for? Why I am asking: I think the ~4% APY rates right now are pretty good and I would like to “lo…

Reddit Personal Finance 1.1k 2024-11-18

My grandfather recently passed away and he had bonds he was looking for before he passed that still haven’t been found.

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My grandfather recently passed away and he had bonds he was looking for before he passed that still haven’t been found. My grandpa passed away last year and before he died he had us searching for bonds that his dad had given him and they were supposed to be worth quite a bit of money. I distinctly remember his putting them in a usps priority envelope to send to our financial advisor. But she claims she never received them so my grandpa had me searching through b…

Reddit Personal Finance 484 2024-06-12

I-bonds as an emergency fund

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I-bonds as an emergency fund I was looking at current I-bonds’ interest rates and noted that the current fixed rate is 1.3% and overall rate is 4.28%. Currently my emergency fund is in a HYSA earning a slightly higher interest rate, but given that rate could change at any time, and I don’t plan to ever touch my emergency funds I thought transferring those funds to I-bonds w…

Reddit Personal Finance 373 2024-06-10

Payable on death bonds

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Payable on death bonds EE savings bonds in my father’s name and showing payable on death to me. He’s alive and well thankfully, but the bonds are no longer earning interest. My dad wants me to have them now. I cannot find anything online as to how to best handle this? Thank you. submitted by /u/irishbsc

Reddit Personal Finance 525 2024-05-30

Stocks/Bonds or Home Down Payment?

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Stocks/Bonds or Home Down Payment? I (28m) have some options and I’m looking at opinions. I have an amount of money I ran into and it’s been invested in stocks and bonds the past few years, overall doing very well. Long term, it’s an assistant in a retirement plan, but I’m also looking at buying my first home. What are your thoughts and risks on taking a sizable amount and puttin…

Reddit Personal Finance 826 2024-05-18

Help with EE bonds. Should I cash these now?

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Help with EE bonds. Should I cash these now? I have two $100 denomination EE savings bonds bought December 1994 (they were bought for $50 each). I am currently at a point in my life where having the money from these would greatly help. The Treasury Direct site tells me that if I cash them now, I have $319. However they are not yet fully matured. I would have $100 more if I simply waited un…

Reddit Personal Finance 886 2024-05-05

Who defines the yield on government bonds? State or investors?

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Who defines the yield on government bonds? State or investors? I saw in the news, that when a government is in trouble, or the investors are not sure about it’s creditworthiness, the investors will require higher yield. My question is, we’re talking about yield to maturity, not the coupon yield, right? So it sounds like the investors determine the yield. But how? The nominal coupon yield is fixed, YTM can c…

Reddit Personal Finance 781 2024-05-04

Stolen Treasury Bonds

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Stolen Treasury Bonds I was recently told by my mother that my grandparents had purchased bonds for me every year when I was a kid. My bond slips or whatever they give you was stolen from a safe my mother had. When I try to use the treasure hunt portion of the site, nothing comes up. I don’t have any information other than knowing these are in my name and only just f…

Reddit Personal Finance 1.1k 2024-04-26

I series bonds from tax returns

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I series bonds from tax returns I chose to have part of my tax return to be paid in I series bonds. I recieved a $500 bond check today but I requested $1500 total. In previous years, I’ve always received the entire portion of the return in bonds together. Separate checks but same day. I figured since they are ordered together they are shipped together? Has anyone received thei…

Reddit Personal Finance 1.1k 2024-04-24

Converting paper bonds to electronic on Treasury Direct and forgot to sign manifest

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Converting paper bonds to electronic on Treasury Direct and forgot to sign manifest So, not my smartest moment, but about two weeks ago I mailed in about 30 paper bonds to convert them to electronic bonds on Treasury Direct. I got an email saying that the bonds were received. Today when I was helping my parents do the same thing, I realized that I’m pretty sure I never signed the manifest listing my bonds after printing it and …

Reddit Personal Finance 780 2024-04-16

What’s the deal with the Treasury Department holding up people’s probates because they won’t process US Savings Bonds in a timely manner?

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What’s the deal with the Treasury Department holding up people’s probates because they won’t process US Savings Bonds in a timely manner? So, I gotta imagine that this is affecting a lot of people around the USA. If you have a relative that has passed away, and part of their estate is going to probate and they happen to have US Savings Bonds as some of their possessions, then this is going to affect you. So, my Dad passed away in early May 2022. As part of the probate process, we …

Reddit Personal Finance 412 2024-02-22

Is there any reason to be holding onto I Bonds right now?

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Is there any reason to be holding onto I Bonds right now? Any older I Bonds are currently paying 3. something %, so is there any reason not to just sell them, eat 3 months of 3% interest loss, and invest elsewhere? I guess it partly depends on how far you are from the 5-year mark, and how much better the “elsewhere” return is? submitted by /u/SnortingCoffee

Reddit Personal Finance 360 2024-02-12