Bonds are a type of investment asset that investors can buy to earn a fixed rate of return. Because bonds generate a fixed return, the gains tend to be less than investing in stocks. However, the return is guaranteed, unlike with regular stocks. Investors tend to buy bonds because they want a safer investment asset...
Just because paper savings bonds haven’t been in production since 2012 doesn’t mean you can’t still reap their benefits. In an effort to save money by reducing paper products, the government made the digital switch. This change enables consumers to earn money with this old-fashioned investment strategy but eliminates the risk of losing the bonds in a fire or robbery.
You can still redeem your paper bonds from local and national financial institutions, but all new bond purchases are in digital format.
Learn about the different series of bonds being issued and how each one differs. GOBankingRates provides all the information you need to understand savings bonds, choose the bond the will best help you achieve your financial goals and where to purchase bonds.
Start browsing GOBankingRates today to see how its resources can help prepare you to invest in bonds.