What is the best road to invest for college surrounded by 2 years?
My daughter should be starting college in 2 1/2 years, what is the best bearing to put her tuition money aside so that it will earn the most interest. Safe and securely. I hear bonds?, Treasury bills?Please let me know.
Answers: You DON'T invest for 2 years. You SAVE for 2 years. Anything that qualify as an investment should be used ONLY if you don't need the money for at lowest possible 5 years. A good money marketplace mutual fund is probably your best bet in this grip.
Open up an education funds account (ESA) at your local guard. They let you invest surrounded by a variety of things, including bonds and certificate of deposit. You can invest up to $2000 per year. If you want to invest more, fully fund the ESA and then bring back a 529 account (also from your bank).
Is there a type of bank account that I can start for my son that I cannot touch for like five or ten years?
Answers: Go to ING.com. They have an online bank account that earns 4.5%APY. Its great. They link it to your checking and you can have an automatic withdrawel every month. They also have CDs. You can tough the money, but since its online it takes a few days. They also have high interest CDs you might want to look into.
as someone else have suggested, open a 5 yr cd
some of the best rates are at ing direct
Which bank will permit me win a checkings commentary if i'm 13?
I went to WaMu near my aunt and they said they would only consent to me get a nest egg account. Are here any banks that will permit me get a checkings rationalization if I have a parent or officially recognized gaurdian with me? And which ones?Answers: I deem my daughters were 14 when they get their checking accounts. A guardian will have to sign for you.
none
the minimum age for a checking explanation with a parent/guardian is 15.those accounts are call Student checking accounts
sorry, but you have to skulk 2 more years