DFI Wealth Management Blog

Wealth of Financial Information

  Savings Bonds – Possible good investment vehicle to park part of your emergency funds. Two major types of US Savings Bonds, specifically I Bonds and EE Bonds.

  • Sold at face value; you pay $50 for a $50 bond.
  • Purchased in amounts of $25 or more, to the penny.
  • $5,000 maximum purchase in one calendar year.

Bonds may be purchased as a paper bond or electronically in which case you can buy both paper and electronic for a total of $10,000 in one calendar year. The limitation is based on a social security number therefore in the case of a married couple you could buy a total of $20,000 if purchased as a paper and electronic bond.

Go to Treasury Direct for further information and to purchase online. Next article we will discuss the difference between I and EE Bonds.

  Mind-set – “You are what you think about!” In other words, positive thoughts brings positive results; negative thoughts will bring negative results. In financial planning as well as in life a detail written plan of what you desire is essential. Define your goals near, immediate and long term. Be as specific as you can and read those goals ever day.

It is recommended that you read your goals two to three times a day. An excellent reading (audio book) on this subject can be found at “Learn Out Loud” written by R.H. Jarrett titled “It Works“. This audio book is offered for free and is only a few minutes long.

Resources – Two excellent resources of free audio books can be found at your public library and “Learn Out Loud“. You will find a banner link on my Personal Development web page for “Learn Out Loud”, top right column.

For further information on a range of financial topics please visit DFI Wealth Management website.