buying gift stocks for grandchildren
As a birthday gift I’m thinking of buying stocks. What is the safest and easiest site to go to?
Thank you
Terry Says
You can buy individual shares of stock in small amounts at Stockpile.com. But the money becomes theirs at age 18! And it weighs heavily against the family if they apply for financial aid for college.
Or you can open a 529 College Savings account for your grandchildren. Search my columns for an explanation or go to www.SavingforCollege.com.
