My son was given around $10,000 in gifts from different people since his birth. The money is sitting in the bank with not much interest. My wife read about government bonds that are giving almost 10% now that she thinks we should put the money into. I was thinking maybe some safe stock like apple or something and not touching it for years. I am just not sure what the best option is or if there are better options. I really would have liked a roth-ira for him but don't know if thats even possible at all.
Also, I no nothing about government bonds, how to get it, how they work, or any fees or fines for them.
Submitted October 27, 2022 at 10:52PM by skald89 https://ift.tt/QvLc14e
