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Need to spend 3k quick

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wyclef
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Need to spend 3k quick  Reply with quote  

Hey, I need to spend 3k pretty quick and am wondering if it would make sense to just cash out some Series EE Bonds I have that are over 12 years old. They are only earning 4% and I get more than that at ING Direct. Seems like it would be a waste to save them any longer right? I mean, I need to spend the cash now, and what am I saving them for. They aren't performing very well right? What do you think? Take the cash out of my savings or cash in the crappy Series EE Bonds?
Post Sun Jun 18, 2006 1:24 pm
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wyclef
Full Member


Cash: $ 18.22

Posts: 99
Joined: 08 Oct 2004

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???
Post Mon Jun 19, 2006 1:40 am
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wyclef
Full Member


Cash: $ 18.22

Posts: 99
Joined: 08 Oct 2004

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i don't know. what do other people think? is this true? should i not touch the bonds or what?
Post Mon Jun 19, 2006 1:40 pm
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wyclef
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Cash: $ 18.22

Posts: 99
Joined: 08 Oct 2004

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I'm in sort of a time pressing situation here so if I could get a couple more opinions about the matter I'd appreciate it. I just need to pull some money out quick and can either pull it from my savings account at 4.25% or some of the seriess EE bonds I have at 4%. I don't know what to do, but am leaning towards the bonds...
Post Mon Jun 19, 2006 6:04 pm
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wyclef
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Cash: $ 18.22

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Joined: 08 Oct 2004

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I think it's pretty instant. I'm at treasurydirect so they are already electronic. probably just 1-2 business days.
Post Mon Jun 19, 2006 8:34 pm
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wyclef
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Cash: $ 18.22

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anyone else have any input?
Post Mon Jun 19, 2006 9:18 pm
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