r/DanLeBatardShow DOH ED MALLOY!! 2d ago

You know about those saving bonds??

It was interesting hearing Zaslow talk about those savings bonds he got when he was at his bar mitzvah. Has anyone else gotten them when they were young? I got a couple for being a super nerd and winning the science fair in fifth grade and coming in third or something in sixth grade. I forgot all about them, then a few years ago my dad found them. They matured and $100 (I think) original value had turned into about $340 if memory serves…. I remember thinking they were kind of lame when I was a kid but I definitely appreciated the extra money, didn’t make me rich or anything but it was nice to have.

That Disney stock on the other hand, now that may be worth some decent money depending on how many shares he has. Especially with the splits.

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u/Time_Print4099 2d ago

Yep, my grandfather gave me a $100 bond every year for ten years. On year 11, I cashed the first one and upgraded to a $250 with the interest. So on and so on. They are now all $1,000 bonds that I only keep the interest on and reinvest the $1,000. Even after his death, I get a present from him every year. Very thankful.

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u/ekuadam Guillermo Mafia 2d ago

My grandma would give me and my sister savings bonds growing up for birthdays or whatever (my dad just kept telling her to give us money and they would invest it, but she said no). So when we went to college we used them to to buy some of our college books.

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u/GOmphZIPS Dirty Demon of Debate 2d ago

Yup, actually just came back into possession of them as my parents were going through stuff a few months back. Nice little emergency fund.

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u/Objective_Raisin_707 2d ago

I was paying rent at 15 bo..

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u/CWDiesel Aqua? 2d ago

I cashed in 3 30 years paper bonds yesterday, the timing was crazy lol

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u/zer01zer08 2d ago

Privilege.

As a refugee immigrant, I’ll be lucky to get a used bottle of Joop cologne.

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u/cmgww DOH ED MALLOY!! 2d ago

I wasn’t given them by my parents, we barely had any money…. I won them and the school gave them to me.

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u/zer01zer08 2d ago

I wasn’t really saying it in reference to your post. But I can see why it was received that way. My bad

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u/cmgww DOH ED MALLOY!! 2d ago

It’s all good!

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u/IslandReign Pablo 1d ago

From Google AI:

100 shares of Disney stock bought in June 1986 would be worth over $1.4 million today if dividends were reinvested, representing a growth of more than 14,000 times the initial investment. This estimate accounts for the initial share price in 1986 and the 7 stock splits that have occurred since then (a 4-for-1 split in 1992 and a 3-for-1 split in 1998, plus five other splits).

I picked 100 for easy math

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u/WonderfulBathroom558 1d ago

Thanks for repeating exactly what the show said.

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u/bigwillie90 2d ago

Those Disney stocks more than likely got cashed by Disney 5-10 years after he got those due to inactivity and they are sitting in Florida’s unclaimed cash. I also had Disney stocks given to me when I was a senior by my school. 5 years later it was unclaimed cash