Savings bonds
I want to buy savings bonds for my 1 year old granddaughter so that she will have some financial gift from me that she can use for whatever she wants when the bond matures. My son said the interest rates are better in a cd- my parents did bonds for each of my kids- am I just being sentimental about bonds? Is a cd a better way to go?
Terry Says
The answer is NEITHER is the right investment for your grandchild! Read this:
https://www.terrysavage.com/the-gift-of-college-529-plans/