On the money
In addition to helping our country cover its debt obligations, U.S. Treasury notes, bonds and savings bonds have a long track record as risk-free saving vehicles. Government securities come in many forms, from $25 savings bonds to Treasury bills and notes that require a $1,000 minimum investment.
If you’d like to learn more about government bonds, it might be worth a visit to one of the following Web sites:
Bankrate.com at www.bankrate.com/brm/green/sav/svgs1e.asp. It provides a good concise description of U.S. Treasury bills, notes and bonds and U.S. savings bonds.
Bonds Online at www.bondsonline.com/asp/treas/direct.asp. The site explains how Federal Reserve Treasury bond auctions work and how to purchase them online.
Bureau of the Public Debt at www.savingsbonds.gov. It features a bond growth calculator, information on tax advantages and securities basics.
InvestingInBonds.com at www.investinginbonds.com/info/igtreasury/bills.htm. It offers an easy-to-understand investor’s guide to securities.