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What's the best investment for a newborn?
His Parents
| 2/22/2008
| Me
Posted on 02/22/2008 9:15:01 AM PST by the_devils_advocate_666
On February 10th The Devils Advocate Jr. came into the world as a healthy 9lb baby boy, the first child of his proud parents. He has been fortunate enough to have received a few hundred dollars in gifts from his friends and relatives.
Now I'm wondering what is the best option for investing his little nest egg to provide the best return in about 18 years. Certainly there's something out there better than a savings account.
TOPICS: Your Opinion/Questions
KEYWORDS: child; future; money; savings
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And of course I'm going to show off a picture of the little man...
To: the_devils_advocate_666
2
posted on
02/22/2008 9:16:11 AM PST
by
AbeKrieger
(There is a special place in Hell for Lyndon Johnson.)
To: the_devils_advocate_666
US Savings Bonds have done OK for us.
3
posted on
02/22/2008 9:16:25 AM PST
by
Hazwaste
(Vote! Vote for the conservative local, state, and national candidates of your choice, but VOTE!)
To: the_devils_advocate_666
9 lbs?? How about an ice pack for your wife?
4
posted on
02/22/2008 9:16:50 AM PST
by
LongElegantLegs
(Kill them with kindness, then taser them for fun.)
To: the_devils_advocate_666
5
posted on
02/22/2008 9:16:59 AM PST
by
Hazwaste
(Vote! Vote for the conservative local, state, and national candidates of your choice, but VOTE!)
To: the_devils_advocate_666
Congratulations!!!!
The magic of compound interest from an early age...:)
That is the best investment!
6
posted on
02/22/2008 9:17:02 AM PST
by
rlmorel
(Liberals: If the Truth would help them, they would use it.)
To: LongElegantLegs
7
posted on
02/22/2008 9:17:24 AM PST
by
rlmorel
(Liberals: If the Truth would help them, they would use it.)
To: the_devils_advocate_666
8
posted on
02/22/2008 9:17:27 AM PST
by
LongElegantLegs
(Kill them with kindness, then taser them for fun.)
Comment #9 Removed by Moderator
To: the_devils_advocate_666
Congratulations!
Psalms 127:3
Lo, children are an heritage of the LORD:
and the fruit of the womb is his reward.
10
posted on
02/22/2008 9:17:36 AM PST
by
Howdy there
("Was the Queen pouring Earl Grey from her Netti Pot?")
To: the_devils_advocate_666
A good mutual fund that been around for a long time with superb management....or...a 529 plan to save for college. Virginia has the best one, but you don’t need to be in Virginia to invest in it. There are many, many advantages to a 529 plan. It’s a bit of a paper chase but worth it.
But the best investment I ever found for a client was one that he/she brought with him/her: A rich family!
11
posted on
02/22/2008 9:17:53 AM PST
by
RexBeach
("Americans never quit." Douglas MacArthur)
To: LongElegantLegs
There’s a fancy medical term for it, but yeah, he basically tore her a new one...
To: the_devils_advocate_666
Congrats!
A 529 College Savings Plan wouldn’t be a bad move.
13
posted on
02/22/2008 9:18:19 AM PST
by
day10
(Rules cannot substitute for character.)
To: the_devils_advocate_666
Congrats & he is just too cute!
14
posted on
02/22/2008 9:18:54 AM PST
by
pandoraou812
(Out, damned spot......OUT)
To: the_devils_advocate_666
15
posted on
02/22/2008 9:18:54 AM PST
by
jwalburg
(Gullible warming protesters are self-extinguishing)
To: the_devils_advocate_666
16
posted on
02/22/2008 9:19:05 AM PST
by
Kirkwood
To: the_devils_advocate_666
Congrats!
Ammo (5.56mm, 9mm, 7.62x39), gold and toilet paper are all good investments these days.
To: the_devils_advocate_666
18
posted on
02/22/2008 9:19:16 AM PST
by
varon
(Allegiance to the constitution, always. Allegiance to a political party, never.)
To: the_devils_advocate_666
Cute young tyke. Congrats.
One share of GOOG.
19
posted on
02/22/2008 9:19:18 AM PST
by
angkor
To: Hazwaste
What kind of rate do you get on savings bonds?
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