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Started By
Message
Procedures for cashing out 20YR bond early? Even possible?
Posted on 10/9/12 at 9:34 am
Posted on 10/9/12 at 9:34 am
Got some money to invest from parents. Invested in 20 year road bonds. Parents asking for it back after 4 years. Can I even access funds? If so, what sort of penalty am I looking at?
2
Posted on 10/9/12 at 10:37 am to Rouge
Rouge,
I am your right handed compadre from STM. Was your bond a municpal road bond, state road bond, a little more information is needed to answer the question.
ETA: Without knowing how much we are talking here, do you have more liquid money you could use to repay parents if cashing in bonds would significantly hurt you financially?
I am your right handed compadre from STM. Was your bond a municpal road bond, state road bond, a little more information is needed to answer the question.
ETA: Without knowing how much we are talking here, do you have more liquid money you could use to repay parents if cashing in bonds would significantly hurt you financially?
This post was edited on 10/9/12 at 10:39 am
Posted on 10/16/12 at 2:14 pm to Rouge
quote:
Posted byMessage
Rouge
Were you able to get your investment back? Shoot me an email if you don't want to air the details on here. Interested to know the outcome without the dirty details.
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