Gone4Good
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Sep 9, 2005
- Messages
- 5,381
However, if you "never, ever" cash in that bond, what good is it, other than sort of pretty. The only way that I know of to get that good interest out is to redeem the bond.
Well, I hope you would after 30 years, since they won't earn any more interest after that.
I often wonder if literal interpretations like this are honest misunderstandings or are deliberately argumentative.
In either event, after they stop accruing interest they don't really have a 3+% real rate anymore, do they? So even if you TRY to misinterpret my comment by applying a ridiculously literal interpretation, it still makes sense as written.