Saving Bond secret is out!
Mar 17, 2003 | 6:44 pm
#46
Join Date: Oct 2000
Programs: AA - Lifetime Gold
Posts: 1,513
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by burgerwars:
A long term suggestion that won't tie-up all you money at once, is to spread out your purchases. Instead of buying, lets say, $24,000 of savings bonds at once, is to buy $2,000 per month. That way you'll always have some bonds you can cash in any given month (after the required holding period).
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A long term suggestion that won't tie-up all you money at once, is to spread out your purchases. Instead of buying, lets say, $24,000 of savings bonds at once, is to buy $2,000 per month. That way you'll always have some bonds you can cash in any given month (after the required holding period).
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Mar 17, 2003 | 9:18 pm
#47
Join Date: Apr 1999
Location: Oak Park, IL
Programs: AA 2 MM LIfetime Platinum, SPG Platinum, Hilton Silver, BA
Posts: 3,585
On the other hand if you have the money, buy to your credit limit (which can actually be increased by pre-paying on a MC) and then you can still stagger redemption if you need the money.
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Ms.DtG
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Ms.DtG
Mar 18, 2003 | 3:33 pm
#48
Join Date: Mar 2003
Location: COCOA BEACH, FL, USA
Posts: 1
Whether or not you use the online bond purchasing for "churning" the system or just to invest, why not get the most out of it. Miles, cash back--either. I have been buying online for years. I used to buy through payroll savings but WHY when I could reap some extra bennies. Later, I became even more savy and learned to wait for the credit card airline sponsors to come up with their annual double miles promotions. Delta and United credit cards and the US Treasury have gotten me more than a few flights while simultaneously "pushing" me to these save investments. Oh well, now I have to keep the bonds for 12 months vice 6(effective 1 Feb 2003). A price to pay, but at least the program is still available (for now).