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Keith Jones was one of the Central Bank of Barbados employees responsible for the rollout of savings bonds back in 1981. He was also one of Barbados’ earliest bondholders, having invested in the very first series.
That initial investment paid off. When that series matured, Keith used the money he received as a downpayment on a piece of land.
For 35 years, he has continued to invest in savings bonds, especially when he received backpay: “I treated that money as if I didn’t have it rather than spend it.” As a result, he has been able to indulge his passion – travel. He has visited Turkey, Egypt, Botswana, South Africa and Dubai, some more than once.
The biggest benefit Keith has received from being a bondholder is something much more significant: a comfortable retirement. Years ago, he decided to forego a traditional pension plan and instead use savings bonds as his retirement savings tool.
Keith’s years working with savings bonds combined with his decades as a bondholder make him uniquely qualified to offer advice on the security. And he does. He has counselled his coworkers and friends to invest in savings bonds and even gives them as gifts to his relatives. He has personally benefitted from his long term investment in savings bonds and freely encourages others to do the same.