Tracking the value of a Savings Bond daily would be like watching paint dry. An investor can check and check, but it isnt done until the final touch. How to Track Savings Bonds Daily is a question that cannot really be answered.
However, in the best attempt of figuring out How to Track Savings Bond Daily, one should consider visiting websites with Savings Bond Calculators.
There are currently two US Savings Bonds that investors can track their rate of their return. The Series I Savings Bond and the Series EE Savings Bond are those currently available to investors for purchase or have been released recently and are still in the process of maturing.
The Series EE Savings Bonds were issued prior to the I Savings Bonds and there are several differences between them. According to the US Treasurys Website:
I BONDS
A fixed rate of return and a variable semiannual inflation rate (based on CPI-U for March and September) are combined
Interest compounds semiannually for 30 years
EE BONDS
Bonds issued after May 2005 earn a fixed rate of return.
Variable rates for bonds bought from May 1997 through April 2005 are based on 90% of the 6-month averages of 5-year Treasury Securities yields.
Interest compounds semiannually for 30 years
There are certain things not to check daily while waiting for them to hit its stride. One's 401k in times of financial fluctuation, water when you are waiting for it to boil, paint drying on a wall, one's weight when trying to lose those last five pounds and one's Savings Bonds.
Purchasing Savings Bonds should be part of a long-term strategy as they mature over a 30-year period. Plus there are penalties for early withdrawal, so even if it appears to grow keeping Track of a Savings Bond Daily is not worth one's effort, but if you must, use a rate calculator.
