<prompt> Human: Im 24 years old and quite new to the world of personal finance, but so far Im very fortunate and grateful to be in a good place financially. I have no debt had a scholarship in college and I have about 19k in savings after a year of hard work and living with my parents. However, I dont have a 401k or an IRA yet.My parents recently told me that I have quite a few paper bonds mostly EEs, with a couple Is that my grandparents left for me shortly after my birth, as well as a few from my Bar Mitzvah in 2004. The vast majority of the 37 bonds are from 1991 to 1993, with 5 or 6 from 2004. The total value of the bonds as of this month is just over 5k. It was recommended to me by a friend that I cash out some of these maybe 1-2k and put them in a Roth IRA. What does rpersonalfinance think of that suggestion? Or should I start a Roth IRA from my savings and let the bonds mature?Thanks!  <response>: The EEs issued in 91 should have an interest rate of 4. Im willing to bet the 93s are the same or near the same as well. I have a bunch myself. I am holding on to those bad boys till they mature in 2021. Cant beat a 4 risk free return 