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Old 10-19-2013, 04:44 PM   #1
heavy_chevy29
 
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investing money for a friends child

my friend/bro of almost 20 years has a son that is about 8-9 months old. i was thinking of setting the kid up with something so that he has some cash for the future(wedding, kids, bills, college, bad ass car lol). i was thinking around 5k. my friend doesn't know im planning this, so I wont have a ss#. are bonds the only thing or can i do something else for him. any help would be great. thanks
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Old 10-19-2013, 06:03 PM   #2
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Buy 5k worth of gold, and wrap it up as a gift. lol

but seriously, i would suggest savings bonds, don't think you need SS#, but with our government, id be weary of even those now.

Last edited by V; 10-19-2013 at 06:03 PM.
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Old 10-19-2013, 06:22 PM   #3
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something like a precious metals mutual fund might be a cool gift to give 20 years from now
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Old 10-20-2013, 08:43 AM   #4
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Buy gas, should be worth more than gold by then
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