Kini, For 2-3 K state taxes are not a huge numbers. So u may be able to find better rates on CD's. Currently the bond rates are 4.4% and going down. Either case you may be able to get 1-2% more on tying down your money. It this is a considerable portion of your wealth, I would not recommend you to buy bonds. Bcoz - you may have some immediate expenses where u might need the money - eg: buy a car, marriage, buy a home .. in the next 10 yrs. If you are an extremely busy person, or going out of US for a long time, then bonds will be a predictable investment. But if you can devote some time for your personal finances, you may be better off with stocks and mutual funds. Boyz, Is there any other advantage of having bonds - can they be used as collaterals? Are there other types of competative bonds - other than US bonds? -Cheers, Radhesh -- On Wed, 24 Apr 2002 02:10:26 kiran nagaraja wrote: > >chax,boyz > if I want to put away some amount 2-3K for a long period 5-10yrs, so that >it just accumulates interest, what would be the best option, like the desi >Indira Vikas Patra... the Savings bonds seem to be the right option, are >there any other? > > > >On Tue, 23 Apr 2002, Kiran Srinivasan wrote: > >> >>Rod, >> You can buy US Savings Bonds online or from some >>banks. >>To get the details/buy the site is... >>www.savingsbonds.gov >>Look out for the series-I bonds... >> >>If you are planning to buy a large amount (5K and >>greater) it is better to go to a bank to get them >>(safer) and u get a receipt from the bank in >>addition... >> >>cheers, >>Kirik >> >> >> >>--- Radhesh Mohandas <financerod@xxxxxxxxx> wrote: >>> >>> Hi NS, >>> >>> Can you send a detailed message to the list as to >>> how you went about investing in the US Bonds, the >>> sites that you used and the details of how one can >>> buy these bonds? >>> >>> Cheers, >>> Radhesh >>> >>> >>> See Dave Matthews Band live or win a signed guitar >>> >>http://r.lycos.com/r/bmgfly_mail_dmb/http://win.ipromotions.com/lycos_020201/splash.asp >>> >>> >> >> >>__________________________________________________ >>Do You Yahoo!? >>Yahoo! Games - play chess, backgammon, pool and more >>http://games.yahoo.com/ >> >> > > > See Dave Matthews Band live or win a signed guitar http://r.lycos.com/r/bmgfly_mail_dmb/http://win.ipromotions.com/lycos_020201/splash.asp