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Government bond / investment for kids

Posted on 11/22/16 at 10:08 am
Posted by BayouBengals1209
Member since Apr 2016
99 posts
Posted on 11/22/16 at 10:08 am
Instead of buying cheap presents that my niece's play with for a week and it becomes trash, I was thinking of buying a government bond or some sort of investment. I have 5 bonds from the government that my grandfather bought me when I was little and they are about to mature, thinking if something like that. Any recommendations? Looking to spend around $50 for Christmas and birthday gifts for each kid

Thanks in advance!
Posted by bayoubengals88
LA
Member since Sep 2007
19276 posts
Posted on 11/22/16 at 10:18 am to
$50 worth of govt bonds will be worth about $51 in ten years. They'll love you FOREVER!

Posted by RebelExpress38
In your base, killin your dudes
Member since Apr 2012
13597 posts
Posted on 11/22/16 at 10:23 am to
just ask their parents if they have college funds set up and if so, give them the money to contribute.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 11/22/16 at 10:28 am to
Seriously, no bs, us bonds pay nothing look into German bonds....
Posted by JasonHotWheelsStreet
Member since Mar 2015
393 posts
Posted on 11/25/16 at 8:35 pm to
the earlier you get them, the better. I have a few bonds from my great grandfather and wow they sure have come in handy. However, only because they've matured fully over a long period of time. Great for a college fund situation
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