KimonoElegance
Tue Jul 02 2024
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6 answers
1694
How long does it take for a $100 savings bond to mature?
I'm curious to know, when investing in savings bonds, specifically for a $100 denomination, how long does it typically take for the bond to reach maturity? I've heard that savings bonds can be a relatively safe and stable investment option, but I'm unclear on the specific timeframes involved. Does the maturity period vary depending on the type of savings bond or is it a standard duration? Additionally, does the amount invested, in this case $100, impact the maturity timeline? Clarifying these details would greatly assist me in making an informed investment decision.
