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U.S. Savings Bonds - A Safe Haven for Savings

From Jeremy Vohwinkle, About.com GuideMarch 28, 2009

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With the financial markets in turmoil, many people are looking for safe places to keep some of their money. While I certainly don't advocate making rash investment changes based on a rough patch in the market, it doesn't hurt to brush up on all of the options available so that you can make sound decisions with your money.

One of the topics that always comes up when the market is shaky is U.S. Savings Bonds. Backed by the full faith and credit of the government, they are the next best thing to FDIC insured bank accounts. While savings bonds may provide slightly better interest than the bank, there are plenty of other things to consider before jumping in. Learn more about savings bonds, their advantages and disadvantages, and whether or not you should consider using them for some of your savings. If you're looking for even more savings options, be sure to check out an article that highlights the four most common places to keep your savings.

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