I recently received a couple paper bonds, they are EE series bonds of $100. There is six more years until maturity, with a current value of $110.64 each. I was looking at inflation rates from the year the bonds were issued and realized that inflation has devalued the bonds significantly. If accounted for inflation, the $100 should be worth $180 now. My question is, should I wait until maturity to cash these bonds? I don’t think they are going to appreciate enough to overcome the ever increasing inflation rates from the past (almost) thirty years. It makes more financial sense to cash out, and reinvest somewhere else right? Is this logic correct?
Submitted April 13, 2023 at 01:12AM by MuffinBerryBaker https://ift.tt/lrSFbZc
