Quote:
Originally Posted by rmd2
Wow, if that is the case I would never want to buy a 30 yr. bond that you have to wait for 5 yrs to take the money without a penalty.
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You could look at it this way. If you sell it in less than 5 yrs you lose the last 3 months of interest. If the interest rate is close to 0% at that time, you will not "lose" much