CK_John
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Sat Sep-29-07 08:37 PM
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What would be the actual cost of a $5000 zero interest 20 yr bond in todays market? Any lottery |
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people or financial gurus know? I know the lottery payout for a million is a lot less if you take it in a lump sum(cost to the state of a bond).
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panader0
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Sat Sep-29-07 08:40 PM
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1. The problem with Hill's blanket statement that every child |
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should be set up with a 5 grand CD is that how could you make them spend it on college or a home downpayment? What if they just wanted to go on vacation or buy a 4=wheeler?
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emilyg
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Sat Sep-29-07 08:53 PM
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2. It would be for education only. |
CK_John
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Sat Sep-29-07 08:55 PM
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3. Just like any gift you can put strings on it, but it was not a formal proposal and |
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I didn't see any mention of limitations. And what would it really matter if it is wasted on some foolish endeavor of youth, with our negative saving rate, we need to build a culture of saving in this country anyway.
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DU
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Fri May 10th 2024, 10:42 PM
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