By Anonymous - 05/01/2011 22:52 - United States
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don't go to college, live dangerously as a truck driver. it's not a horrible occupation, traveling the country in a big truck!
ugh bonds fucking suck. I have about a million of them and none of them have reached maturity even though they're all 7 year bonds from over 10 years ago.
you can actually vash saving bonds prematurely, they just won't the full face value. if you really need the money and can't wait that's one way to go...
actually, depending on how old they are, and what the interest rates have been since the date of issuance, they very well could be worth more than face value. just because they don't mature for 30 years doesn't mean it takes 30 years to reach face value. I once held a $50 bond for about 5 years before I cashed it in...it was purchased for $25 and redeemed for about $47. if I had held onto it for one more year it would have been face value, and nowhere near maturity. btw, I work at a bank, so what I'm saying is not purely anecdotal.
Maturity by definition is actually the point when a bond reaches face value; not when it stops earning interest. To the op: you're whining because the free money that you have for college isn't worth as much as you thought? Poor child, let's hope you survive the night.
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Bawww my mommy didn't pay for my college. Now I have to pay for it myself like a real person. And my Ferrari has a flat tire. F my liiife. Buck up. Get a job. Take out loans. People do this every damn day. You're not special.
seriously. I get so sick of spoiled kids who whine and act like life is so hard when they realize not every little thing will work out their way. OP should finish the financial aid application, and then either get a job or take out a loan. I go to a university that is mostly a commuter school, so just about everyone I know is paying for their own education. we're all fine! sure, it can be stressfull but we don't all complain and act like we have it so rough. just grow up and act like an adult by taking responsibility and find a different way to pay for school. you are not screwed, you're actually insanely lucky you have some bonds to look forward too. most people have to work on paying off loans for years.