It’s often been said that the only inevitabilities in life are death and taxes. And frankly, both are nothing any sane person likes to spend time even thinking about. However, although you can’t cheat the Grim Reaper, luckily, there are some things you can do to keep more of your assets in your wallet when the Tax Man comes to call.
When you have $1,000 or less to invest, there may seem to be only a few options. But the good news is some of the wealthiest investors in the world started somewhere. And though it doesn’t get a whole lot of publicity, there are actually numerous options available for your small amount of money. We list the best way to invest that $1,000 and make it grow into a bigger nest egg.
The short answer to whether or not you can gift treasury bonds is; absolutely. But since they are U.S. government securities that are registered in your name, there are some steps you have to take in order to correctly complete the gift.
Lately I’ve been adding to our security investment bucket US I Savings Bonds, or I-Bonds for short. In my opinion, they are a great bond to invest in but are often overlooked. The advanced investor or investment adviser often pooh-poohs them. Maybe because they generate no commission from them.