Posted: 6/27/2005 7:34:57 PM EDT
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Heres the scoop: I'm about 1 month into my first job out of college, I have a bunch of Series EE savings bonds that were bought for me around when I was born (1981-82), and they're about 6 years away from full maturity. I calculated their current worth online and found them to be worth approximately 1500 bucks. So I says "thats quite a chunk of change...why couldnt I cash these in and then use the money to begin an IRA?" Again...they're only 6 years away from maturity, and (in my own limited understanding) the money could be put to more profitable use in a Roth IRA (what with this being so early in my career and all)...so what do you all think? |