Consumers have a hard time telling a genuine egg from a fake one. This is good news for unscrupulous entrepreneurs, who are even conducting three-day courses in the production of artificial eggs for less than S$150. A reporter with Hong Kong-based Chinese magazine East Week enrolled in one such course.
Series I bonds are sold at face value and mature after 30 years. Redemption rules are the same with Series I bonds as Series EE bonds. Series I bonds earn interest at a rate of 1.94% through Oct. 31, 2014.
Simply divide 72 by 1.2. The answer, 60, is the total years necessary for the bond to double in value. If the Series EE savings bond earned 0.5%, it would take 144 years to double in value (72/0.5 = 144)! By looking at Series EE savings bonds in this light, you are better equipped to decide if they are right for your portfolio.