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RE: Mene 24k vs. Series EE Savings Bond
My parents bought me a few bonds when I was first born. They were extremely poor, so to dish out $60, for $120 worth of future bonds was A LOT of money for them way back when, and is sadly such a small amount of money now. Had they invested in gold, it would have definitely been a better return on their money, but I so appreciate the gesture either way!
Interesting article, as always!
Its awesome that your parents looked out for you :) and actually you are totally right, $120 was actually a lot of money for anyone when your parents probably bought the bonds (not that im saying you are old!!) due to the loss of purchasing power and inflation $120 isn’t nearly worth what it is then, now. Let’s buy some gold!!!