Bob Brinker's Marketimer

  Thursday June 25, 2009

Next Marketimer © Mailing Date: June 3rd


© 1997-2009
Privacy Policy

Hosted by:
@ ADPAD INC.

Site design by:
MNM WebWorks, Inc.



Where Can You Buy Savings Bonds?

While you still cannot buy savings bonds at the corner convenience store, you can purchase them online. Prior to 2012, you could buy them in a wide variety of places such as banks and credit unions and other financial institutions. Series I savings bonds are still available through one's tax refund; they are also available through a payroll direct deposit plan via a TreasuryDirect account.

  • You can buy savings bonds online.
  • If you lose a savings bond, you can fill out Form PDF 1048 to get it back.

Where to buy them now

As of January 1, 2012, paper savings bonds will no longer be sold at financial institutions. This action supports the U.S. Treasury's goal to increase the number of electronic transactions with citizens and businesses. Savings bonds will be available through TreasuryDirect.

If you lose your bond

If you lose a savings bond, you can request Form PDF 1048 from a participating financial institution or Federal Reserve bank, or download one from http://www.treasurydirect.gov/forms/sav1048.pdf. Provide as much information as you can—such as the lost bond's serial number and issuance date as well as the owner's name, address, and Social Security number.

Besides being extremely easy to acquire, a savings bond offers another attractive purchasing feature: no seller's fees. Unlike stock purchases, there are no fees or commissions that add to the purchase price.

A non-marketable savings instrument of the US Treasury available in several series, such as Series I, Series EE, and Series HH. Most are sold at a discount.
A business, with a state or federal government charter, that provides services such as paying interest on deposits, issuing and collecting checks, and making loans, especially to businesses. Shareholders receive part of a bank's profit as a return on their investment in the bank, represented by the stock that they've purchased.
A not-for-profit financial cooperative owned by its members. One is eligible to join a particular credit union if he or she belongs to the field of membership defined in its charter. All members have the right to democratically elect a board of directors. The board gives the credit union's management and staff general instructions. Historically, credit unions encourage thrift among members and provide them with credit at a low rate.
A payment to federal, state, and/or local governments based on the sales price of a product, on worker income, or on other property and activities.
A payroll plan in which money from a paycheck is deposited into an investment.
1. An entity that engages in commercial activities in some particular sector, such as industry, retail, or professional services. 2. The commercial activity in which a business engages.
One of 12 regional banks that the federal government set up to help regulate the money supply by holding funds in reserve and lending money to member financial institutions.
A legal document that is a promise to repay borrowed principal along with interest on a specified schedule or certain date (the bond's maturity). Federal, state, and local governments, corporations, and other types of institutions raise capital by selling bonds to investors.
A program of the federal government that provides workers and their dependents with retirement, disability, and other payments. The money for Social Security payments comes from a tax, usually labeled FICA on one's paycheck, that employees and employers pay equally.
Portion of a company's capital owned by a party and represented by the number of shares possessed. Stock represents equity in a company. There are many types of stock--for example, blue-chip, common, preferred, and growth.
1. A fee or percentage allowed to a sales representative or an agent for services rendered. 2. A fee an investor pays a broker for executing a transaction--buying or selling stock or some asset. The commission may be a flat fee, for example, $75.00 per trade; it may be set at a certain amount per share of stock involved in the transaction; or it may be based on the total value of the transaction.
 
« Prev   Next »