Family swimming in baby gifts should invest in child's future

DEAR ABBY: I would like to offer a suggestion to "Tired Mom in the City" , whose baby's eight grandparents have overloaded the family with unneeded and redundant gifts. Full Story
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Eau Claire, WI

#42 Mar 28, 2009
angelique770 wrote:
<quoted text>
Yes! Score! My footie pajamas will be an especially big hit.
Btw have you been on the "Happily Ever After" thread yet?
Not yet. I will go looking.

United States

#43 Mar 30, 2009
I doubt the 46 year-old who still has some of the bonds given to her as a child will read this, but, if these are US savings bonds, she should cash those in. US savings bonds only earn interest for a fixed period of time, typically 20 years. After that time they mature and don't increase in value. Any bonds that have matured should be redeemed and, if desired, reinvested in new bonds.

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