In part 1 of this series we looked at why canceling paper savings bonds will end up costing the government money with a look at “What Groupon Can Teach us About Savings Bonds“. In part 2 of this series we looked at why there are still billions of dollars of unredeemed savings bonds which have stopped paying interest with a look at “What GM Can Teach us About Savings Bonds“.
Today we will wrap up this series with a look at the 5 best websites for information on savings bonds.
Many people want to know one thing: How Much Are My Savings Bonds Worth?
1) Treasury Direct OFFICIAL GOVERNMENT WEBSITE
This is the only place where you can now buy US Savings Bonds (EE or I Series). The accuracy and depth of information is second to none. However, the site can be difficult to navigate and the wording difficult to understand.
2) SavingsBonds.com BEST PLACE FOR SAVINGS BONDS ADVICE
The site offers a tremendous amount of free information. Several articles on LearnBonds.com were written using SavingBonds.com as a resource. However, I am going to recommend one of their paid services: The SavingBonds.com VIP Club. This service will track your saving bonds and send you alerts for when you should consider cashing them in. Included in this service is the right to call them up and ask questions. You cannot call Treasury Department up and ask them questions. The cost of the service is less than $10 per year. A real bargain given the level of service and expertise.
3) Learn Bonds BEST PLACE FOR BOND EDUCATION
The other sites focus almost exclusively on Saving Bonds. We cover Savings Bonds within context of fixed income investing.
4) Savings Bond Advisor BEST PLACE FOR I BOND INFORMATION
This site does a great job covering issues related to I Bonds, such as CPI releases and TIPS Auctions. The person behind the site, Tom Adams, wrote the book, Savings Bonds Advisor which is a must read for any serious savings bonds investor.
5) Savings Bond Informer INTERESTING EDITORIALS ON SAVING BONDS
Daniel Pederson has an entertaining writing style and writes articles like “I Found These Savings Bonds, Did I Hit the Lotto?”.
6) Treasury Hunt OFFICIAL GOVERNMENT SITE
Lost a savings bond? You should start looking for it here.
The original title for this article was, “What Does Morningstar (MORN) Know about Savings Bonds?”. The answer is NOTHING. They don’t cover savings bonds. The mainstream financial media does a horrible job covering this topic. You ask why? There is not a lot of money to be made writing about savings bonds. A brokerage firm or bank makes no money selling savings bonds. So they don’t pitch articles to reporters about this topic. Most story ideas don’t come from reporters, they come from a PR person. However, there are 50 million people that own savings bonds. You would think that there would be a few reporters interested in covering a topic that touches so many people. There are a few however.
OUR SAVINGS BONDS REPORTER OF THE YEAR AWARD GOES TO