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shellybean
Love my Baby Boy!
Member since 4/07 5191 total posts
Name:
mich
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Re: Savings Bond question
no no i wasnt offended at all, i was just saying that i would never do that....its all good...
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Posted 3/6/08 2:24 PM  |
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kahlua716
3 Girls for Me!
Member since 8/07 12475 total posts
Name:
Keri
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Re: Savings Bond question
Posted by shellybean
no no i wasnt offended at all, i was just saying that i would never do that....its all good...
Good....
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| Posted 3/6/08 2:25 PM |
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shellybean
Love my Baby Boy!
Member since 4/07 5191 total posts
Name:
mich
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Re: Savings Bond question
I dont know how the heck this turned into drama...im sorry, when people give my kid a cheap gift i get annoyed, especially when i gave double and they drive a mercedes and live in a house twice the size of mine...that was the point i think..
i wasnt saying if you are poor, dont come!!! its more the point when u know the person has it...
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| Posted 3/6/08 2:28 PM |
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Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: Savings Bond question
Wow!!
I can't believe how a simple question of changing the SS# changed - giving or not giving and what people do with their money 
But to answer the question - you do not have to change it - it is fine the way it is 
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| Posted 3/6/08 2:31 PM |
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shellybean
Love my Baby Boy!
Member since 4/07 5191 total posts
Name:
mich
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Re: Savings Bond question
why thank you!!!
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| Posted 3/6/08 2:32 PM |
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Theresa05
Sofialiciciousssssssssssss
Member since 10/06 4891 total posts
Name:
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Re: Savings Bond question
Posted by shellybean
I dont know how the heck this turned into drama...im sorry, when people give my kid a cheap gift i get annoyed, especially when i gave double and they drive a mercedes and live in a house twice the size of mine...that was the point i think..
i wasnt saying if you are poor, dont come!!! its more the point when u know the person has it...
hellooooooo.. and who said anything about insulting people who had big christenings and 1st bdays, and then using the gifts to pay bills W T F
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| Posted 3/6/08 2:34 PM |
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karacg
Babygirl is 4!
Member since 5/05 17076 total posts
Name:
Kara®
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Re: Savings Bond question
OK - I think a Christening is about celebrating the rite with your child and family - not about gifts. If you invite people and chose to have a fancy to-do, that is your perogative - but the gifts are for your child, not your catering bill.
That being said - I think bonds are not great investment-wise. However, what if you put everything into a 529 and the kid decides not to go to college? That's kind of a waste. And if you buy stock - who says it won't flop?
I have adult nieces and nephews and all are glad they had bonds to cash in when they finished college.
And it doesn't matter whose SS# is on them.
Message edited 3/6/2008 2:39:45 PM.
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| Posted 3/6/08 2:38 PM |
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kahlua716
3 Girls for Me!
Member since 8/07 12475 total posts
Name:
Keri
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Re: Savings Bond question
NM
Message edited 3/6/2008 2:43:34 PM.
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| Posted 3/6/08 2:41 PM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: Savings Bond question
Posted by karacg
OK - I think a Christening is about celebrating the rite with your child and family - not about gifts. If you invite people and chose to have a fancy to-do, that is your perogative - but the gifts are for your child, not your catering bill.
That being said - I think bonds are not great investment-wise. However, what if you put everything into a 529 and the kid decides not to go to college? That's kind of a waste. And if you buy stock - who says it won't flop?
I have adult nieces and nephews and all are glad they had bonds to cash in when they finished college.
And it doesn't matter whose SS# is on them.
ITA Well said!
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| Posted 3/6/08 2:45 PM |
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bicosi
life is a carousel
Member since 7/07 14956 total posts
Name:
M
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Re: Savings Bond question
Posted by nrthshgrl
Posted by karacg
OK - I think a Christening is about celebrating the rite with your child and family - not about gifts. If you invite people and chose to have a fancy to-do, that is your perogative - but the gifts are for your child, not your catering bill.
That being said - I think bonds are not great investment-wise. However, what if you put everything into a 529 and the kid decides not to go to college? That's kind of a waste. And if you buy stock - who says it won't flop?
I have adult nieces and nephews and all are glad they had bonds to cash in when they finished college.
And it doesn't matter whose SS# is on them.
ITA Well said!
Me too!
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| Posted 3/6/08 2:47 PM |
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CathyB
Member since 5/05 19403 total posts
Name:
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Re: Savings Bond question
I agree! Last year I cashed in a bunch of bonds and was able to get my DSLR. I was so excited, it was like found money.
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| Posted 3/6/08 2:50 PM |
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cjik
Welcome 2010!
Member since 2/06 8879 total posts
Name:
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Re: Savings Bond question
They take so long to mature, which is one sucky part. Then, when you cash them in, you need to pay taxes on them.
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| Posted 3/6/08 3:03 PM |
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shellybean
Love my Baby Boy!
Member since 4/07 5191 total posts
Name:
mich
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Re: Savings Bond question
Like we said, They suck!!! haha
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| Posted 3/6/08 3:06 PM |
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Marcie
Complete Happiness :)
Member since 5/05 27789 total posts
Name:
LOVE being a Mommy!
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Re: Savings Bond question
Posted by CathyB
I agree! Last year I cashed in a bunch of bonds and was able to get my DSLR. I was so excited, it was like found money.
Ya know - I didn't even think of that.
Now I have to go find mine!!
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| Posted 3/6/08 3:07 PM |
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Mommy2Boys
My Boys!!!!
Member since 6/06 14437 total posts
Name:
C
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Re: Savings Bond question
I hate bonds for 1 reason. I can invest your $50 much better and earn more interest on that same $50 bucks than a bond can EVER DO in 18 years.
I agree with this! DS got a bunch of bonds for his christening and I was considering cashing them in and investing them where I would get much more of a return.
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| Posted 3/6/08 3:11 PM |
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curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
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Re: Savings Bond question
whatever people, let's not have drama her on my safe board.....
whatever parents choose to do with their kids cash is ultimately up to them.
i just got a bond in the mail today!!!!!!
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| Posted 3/6/08 3:15 PM |
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Bklyngrl
luvmyfamily
Member since 9/06 5307 total posts
Name:
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Re: Savings Bond question
i think there are better investments out there than bonds. the SS# doesnt matter.
what do you mean safe board?
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| Posted 3/6/08 3:28 PM |
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bicosi
life is a carousel
Member since 7/07 14956 total posts
Name:
M
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Re: Savings Bond question
Posted by Bklyngrl
what do you mean safe board?
meaning there's no drama here.
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| Posted 3/6/08 3:31 PM |
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curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
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Re: Savings Bond question
what do you mean safe board?
my drama-free board....sorry!!!
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| Posted 3/6/08 3:31 PM |
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Bklyngrl
luvmyfamily
Member since 9/06 5307 total posts
Name:
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Re: Savings Bond question
Posted by curliegirl
what do you mean safe board?
my drama-free board....sorry!!!
oh thanks - scatterbrain today
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| Posted 3/6/08 3:34 PM |
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Dee
LIF Adult
Member since 6/05 932 total posts
Name:
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Re: Savings Bond question
okay - can i ask a question? you don't have to pay taxes when you turn the bonds in do you? Can you actualy cash in bonds before they are matured?
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| Posted 3/6/08 7:41 PM |
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krwm
<3
Member since 7/05 3466 total posts
Name:
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Re: Savings Bond question
Posted by Theresa05
with the way the economy is they are worth nothing now..
you come to a party with 4 people and give me a 100 bond, I rather you insult me anyway and give me a 50$ check...
rather then take 18 years for the bond mature..
THANK GOD Sofia only got a few of these..
glad I didn't give her one lmao
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| Posted 3/6/08 7:47 PM |
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CookiePuss
Cake from Outer Space!
Member since 5/05 14021 total posts
Name:
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Re: Savings Bond question
Posted by Dee
okay - can i ask a question? you don't have to pay taxes when you turn the bonds in do you? Can you actualy cash in bonds before they are matured?
In regard to Federal EE Savings bonds, yes, you have to pay federal income tax on the interest earned on the bonds when you redeem them unless they they qualify for special tax benefits under the Educational Savings Bond program.
Any bonds issued now through 4/2008 are at a fixed interest rate of 3%.
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| Posted 3/6/08 7:52 PM |
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Theresa05
Sofialiciciousssssssssssss
Member since 10/06 4891 total posts
Name:
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Re: Savings Bond question
Posted by krwm
Posted by Theresa05
with the way the economy is they are worth nothing now..
you come to a party with 4 people and give me a 100 bond, I rather you insult me anyway and give me a 50$ check...
rather then take 18 years for the bond mature..
THANK GOD Sofia only got a few of these..
glad I didn't give her one lmao[/QUOTE
] Kris, you would die.... this one friend came wife husband and 2 kids.. the kids did'nt want kids meals, they wanted the adult meals and adult appt. pasta salad.. So I had to pay adult prices PLUS the kids meal for them bc they wanted the fries.. and they gave me 50bucks.. I should have sent it back...
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| Posted 3/6/08 7:54 PM |
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