My daughter is 7 months old, my mother in law wants to invest in something for my daughter to have college money when she is older. She was thinking of investing in stocks but I think that is too risky, then she wanted to do a bond but found out if she put in 500 it would only be a thousand by the time my daughter is 21. So I was thinking maybe the Gerber program but it says she wont get the money till she is 25. So does anyone know a good way to set up money so that it gains a lot of interest in 20 years but we won't lose any money?
Answer QuestionAsked by gottalovemal at 5:39 PM on Apr. 10, 2010 in Money & Work
Level 17 (3,311 Credits)Answer by Anonymous at 5:43 PM on Apr. 10, 2010
Answer by older at 5:45 PM on Apr. 10, 2010
Answer by Anonymous at 5:47 PM on Apr. 10, 2010
Answer by Anonymous at 5:53 PM on Apr. 10, 2010
Answer by Anonymous at 5:54 PM on Apr. 10, 2010
Answer by Anonymous at 6:08 PM on Apr. 10, 2010
Answer by older at 8:11 PM on Apr. 10, 2010
Answer by Anonymous at 8:30 PM on Apr. 10, 2010
Answer by soyousay at 8:43 PM on Apr. 10, 2010
Answer by Anonymous at 8:44 PM on Apr. 10, 2010
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