5k In Savings Bonds For Each Of Of My 2 Young Children (ages 5 And 6). What College Investment Is Best?

Should I go to a bank and ask? what is a good investment to transfer these savings bonds into for college savings? Thank you!

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3 Responses to 5k In Savings Bonds For Each Of Of My 2 Young Children (ages 5 And 6). What College Investment Is Best?

  1. $so fresh so clean$ (3 for 3) says:
    September 6, 2009 at 9:30 am

    Good start, but to keep up with the pace of inflation and college costs, savings bonds won’t do it. A 529 college savings plan or a Coverdell savings account is the way to go. An investment company such as T. Rowe Price, Fidelity, or Vanguard will all be better than a traditional bank account.

  2. Antonis V says:
    September 6, 2009 at 1:43 pm

    Ask an advise from ING Insurance. They have great programs for college savings. My 8 month baby girl owns one!

  3. exactduk says:
    September 6, 2009 at 3:11 pm

    If you are saving long term – 10+ years, you should be in equities (for growth), and not bonds (low return & safety). Bonds are a great place for preserving weath, but not for growing it.