Baby's first birthday

vraiblonde

Board Mommy
PREMO Member
Patron
Ken King said:
How about this as it shows that you are thinking about both of them. http://www.onestepahead.com/product/27217/1013/117.html
That would be great except she has two cupboards full of that stuff. I'm telling you, she buys that kid EVERYTHING! And she has all these yuppie friends who have $150 outfits they bought for their infants that still have the tags on them, that they then pass down to her.

QUIT FRIGGIN' BUYING STUFF, PAMELA!!! SAVE SOMETHING FOR THE REST OF US TO BUY!!! :mad:
 

truby20

Fighting like a girl
vraiblonde said:
Nephew. The savings bond is a good idea. Or maybe I could start a stock portfolio for him that reinvests the dividends, then he'd have a hunk o' cash by the time he graduates.

It's too bad that savings bonds are yielding pretty low (historically speaking) rates right now:

I Bond: 4.8%
EE Bond: 3.5%

The I Bond will always beat inflation but the new rules for the EE Bond make it a fixed rate...

Yeah, get him started with a stock portfolio....or even a simple dividend reinvestment plan for one company. Like GE, they have a dividend yield alone of 2.3%, over a decade it will surely beat any savings bond considering how much the stock price will (likely) continue to increase.

Just a thought
 
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