So my dad was big on buying savings bonds when I was a child. I remember being so excited getting mail with my name on it, only to have him pluck the little certificates out of my grubby little hands and tell me that he'd just hang onto those for me for a while. I thought we used them all for college, but I could be wrong.
I was going through a box of papers this morning (insomnia sucks, but hey, I can organize if I'm not sleeping right?) and discovered one that I received in high school for graduation. It's a series EE, for $50 and is over 20 years old at this point. From what I've read so far, it will eventually stop earning interest at 30 years, and should be exactly double the value. I plan on hanging onto it as I don't actually need the money and frankly the certificate is kind of nifty looking.
But during my search, I came across
this article, and also checked out the website they recommended -
Treasury Hunt. I am not sure I feel comfortable putting in my social to do the search tho. But there is a small chance I might have more of these out there as my dad was a hoarder and things sort of got away from him after a certain point and we did have to just throw out gobs of stuff without going through it very carefully.
So anyone else done the search or can verify that it is legit?
And should I just go ahead and cash the bond in now or is it okay to just keep it until it is completely mature?
