Question from my 12 yr. old
June 1st, 2007 at 05:15 amHe has approx. $1200.00 in a savings acct. that he does not touch. He also has another acct. started for a car when he turns 16. This acct. has approx. $700.00. My husband and I are going to match this amount when he goes to purchase his car. Now his question is how should he "invest" his money. He wants to get CD's, but I know there has to be something better out there that earns better intrest. Anybody have any suggestions?