Converting Ee Bonds To Gold. (Good Or Bad Idea?)

Well, being a collector rather than an investor, I would buy coins for my collection, and other things (treasury notes, CDs, etc.) for investments.

Tpat, I think tranferring the EEs into gold coins is a great idea. If you're serious about the investment angle (as opposed to just adding some pretty yellow stuff to your collection), you should probably average in. Maybe $1K a month for 5 months.

Thanks for your answer guys. What made me think of this idea is, I was going through my safe sorting through my collection and I seen my envelope with all my bonds in it. I accumulated all these bonds thru a weekly paycheck deduction from work over the last 5 years. I started with $100 bonds and then moved to $200 bond and then to $500 bonds. I had apx 7k in bonds, but just cashed in $1500.00 to buy some plane tickets. So I have apx 5k left. This is what I would get if cashed in. I figured I still have apx 6 to 7 years for them to mature. These bonds were purchased for a safe investment. After talking with my wife and giving her the idea of buying coins with the bonds she agreed with me it would be a good idea. I picked Gold coins because Gold seems to be a safe market. I have the 2006 Proof Gold Buffalo and was thinking of getting a 2006 Uncirculated, a 2007 Uncirculated and a 2007 Proof when it comes out. That way I would have the whole series of Gold Buffalo's. With the rest I was think either the $10 Gold Liberty or the $10 Gold Indian. Now that my wife gave me the "go ahead" I seem to be expanding my thoughts on different coins.

Please do not consider this as financial advice as I do not think it is good to offer such advice and as such this is only an opinion. I would, if I had 5K to "invest" consider purchasing a key coin or several key coins with a proven track record of sustained growth rather than what are in essence bullion value coins. They are many to choose from and a little research would go a long way here. You may also take into consideration a variety that you like so if they do not perform as well as they have in the past you will still be pleased to own them! It also may be fun to do. You also do not state how long you wish to hold these, what your ultimate goals are and if you plan to continue "investing" in them over time. There are many, many factors at work here. Just my humble 2 cents worth! Good luck and keep us posted on what you decide to do!!! Mike

If I had 5,000 to invest. I wouldn't buy gold. I buy enough of that already. What I would do would be to invest in high grade coins and fill up a 7070. A high grade 7070 will appreciate much faster than the bonds or those gold buffalos. Go for nothing less than AU58 on your older coins and your 5,000 will get you a nice heirloom that in 25 years will be worth a small randsome.

I'm working on my 7070 every month !!!!