11. Sara and Joshua just had a baby. They received money as baby gifts and want to put it away for the baby's education. Which of the following tends to have the highest growth over periods of time as long as 18 years?
a.) A checking account.
b.) Stocks. There is no doubt that this would be the choice and investing in a 529 plan would be the best way to do this. But some folks like the safety of government savings bonds. I know my parents did and my youngest son found the extra cash this untapped cash provided for books and miscellaneous other expenses very helpful. c.) A U.S. Govt. savings bond.
d.) A savings account.
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