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re: Government bond / investment for kids

Posted on 11/22/16 at 10:18 am to
Posted by bayoubengals88
LA
Member since Sep 2007
19275 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 dabigfella
Member since Mar 2016
6687 posts
Posted on 11/22/16 at 10:26 am to
Bayou don't forget the $1 of interest you get annually so $61 give or take man
Posted by BayouBengals1209
Member since Apr 2016
99 posts
Posted on 11/22/16 at 10:33 am to
Lol, I know the gov bonds aren't worth much anymore, thats why I want more suggestions. Back when they were bought for me it was a pretty good investment

I just want something that in 20 years it'll be something rather than old thrown away toys, wasting my money buying that junk. Even if it is 3-4 thousand to put towards a car or something when they graduate college, Better than nothing
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