Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Buying government bonds as gifts
Old 06-19-2006, 05:08 PM   #1
Confused about dryer sheets
Join Date: Mar 2006
Posts: 4
Buying government bonds as gifts

Hi all,

I keep trying the treasury direct site - but I have not opened an account and find the website rather confusing.

2 questions
1) I bonds or EE bonds as gifts? I always thought I bonds were better -but if I'm reading this correctly - I bonds have a rate of 2.41 and EE 3.7. Which would make EE the better purchase.
2) I would prefer to buy them and have paper bonds sent to the recipient. I have done this in the past. But now it looks like the recipient needs a treasury direct. Anybody know if there is an easy way to do this?


victw is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Buying government bonds as gifts
Old 06-19-2006, 08:23 PM   #2
Recycles dryer sheets
Join Date: Oct 2004
Posts: 260
Re: Buying government bonds as gifts

Paper bonds are not purchased through Treasury Direct, TD is used for online holdings.

Just go to your bank and ask for the form, fill it out and give it to the teller. They send it to the Treasury and you get the I or EE bonds in the mail within a few weeks.
Your account is debited for the amount of the bond.

Right now I would not buy either the EE or the I, rates are not in line with other bonds. You can wait until November 1 when the rates change and then see where they are.

If you decide to use Treasury Direct and purchase online Treasury Bills are a better deal than EE or I bonds.

GTM is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Isn't anyone leary of our government defaulting with our 8.5+ Trillion deficit? modhatter FIRE and Money 59 11-23-2006 09:20 AM
Short Term vs. Intermd Term Bonds TromboneAl FIRE and Money 35 07-21-2006 07:58 AM
U.S. Government Rigging The Equity Markets? Donner FIRE and Money 57 09-15-2005 03:01 PM
About those five-year CD ladders-- I bonds? Nords FIRE and Money 6 07-05-2004 01:37 PM
The Scoop on High Yield Bonds Ted FIRE and Money 9 12-04-2003 12:03 PM


All times are GMT -6. The time now is 09:47 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.