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Originally posted by ChaseTheMiles:
I understand about timing the purchase (wait after the credit card just cycled, and purchase near the end of the month), but is there anything to the timing of the sell? If I buy this month by May 28, when is the earliest date/time I can sell?
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There is a usefull tool on the savingsbonds.gov website called the
Savings Bonds Calculator. I find it helpful in not just determining the current value of my bonds, but also in projecting when the bonds become redeemable and when the new rate will kick in. The last point is important if you're trying to maximize your return, since when you redeem your bonds before the 5 years are up, you lose the
last three months of interest. Therefore, if you purchased the April I bonds, it might make sence to keep them for 9 months so that you get the 6 months of 4.4% interest and lose the 3 months of the new 2.57%.