I-bond
Good afternoon Terry,
A while ago on WGN morning news, you said to sell our bonds that you recommended we buy. You said to take a loss. What is your recommendation to do with money? We have 2 bonds. $10,000 each
Thanks
Terry Says
This advice was for those trying to maximize their immediate returns. Read this column for the full idea:
I-Bond Update – and Advice – Terry Savage
If you sell, you’ll owe taxes on what you’ve earned so far. And the principal amount will drop back into your checking account. Then you can buy T-bills in tghe same account, at the TreasuryDirect.gov website. Read this:
