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Re: $2,000,000,000,000- Happy 55th
Old 12-27-2004, 03:51 PM   #11
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John, your Dad is a classic! This discussion reminds me of my now deceased father-in-law. He insisted on holding all of his stock certificates. Holding stocks in street name was unthinkable to him; he wouldn't trust someone else with that. Recently Charlie reminded me that I could buy more I-Bonds this year, but I had to buy paper I-Bonds because I already had the max through Treasury Direct. I found the paper process to be annoying. There was a trip to the bank, the bank sends my money in, I wait for the bonds via snail mail (and they should be here by now, but they aren't), I must deal with safekeeping, etc. I don't trust the paper system. I'm the exact opposite of my father-in-law.
Bob,

I just bought $60K worth of I-Bonds last week, after our discussion off line. I probably won't need to buy any paper I-Bonds, as the $60 per year limit will keep me flush in the coming years.

I like you, would not like to deal with the paper. The on-line purchase is easier than picking up my mail!
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