One of your investment options was a savings bond.  Use the following bond calculator to determine what a bond bought ten years ago would be worth today.  There are no  $100,000 bonds so you need to find a way to invest that amount of money!  Keep an eye on the cost of a bond.

http://www.treasurydirect.gov/indiv/products/prod_eebonds_glance.htm

http://www.treasurydirect.gov/indiv/research/indepth/ebonds/res_e_bonds.htm

http://wwws.publicdebt.treas.gov/BC/SBCPrice  (you don't need to enter a serial number)

     A savings account is another way to invest your money.  The interest rate that a bank is willing to give you differs from place to place, and sometimes with the amount of  money invested.   I want you to compare the results from three different places and see which is best.  You may check out other places through your own searches. Check out the details and options that each site offers.   

ING Direct's Savings Account 

Bank of America Savings Accounts

Citibank's Savings Accounts

Ocean City Home Bank's Savings

Wachovia Savings Accounts

     A checking account is a great option for many reasons, especially if you pay a lot of bills or write a lot of checks.  This easy access is one of the great aspects of a checking account.  Keep an eye out for the small print and fees!  I want you to compare the results from three different places and see which is best.  You may check out other places through your own searches. Check out the details and options that each site offers. 

Citibank's Checking Accounts

Bank of America Checking Accounts

Ocean City Home Bank's Checking

Wachovia Checking

     A certificate of deposit deposits your money for a fixed amount of time. Be sure to watch the time limits and penalties.  This can be one to watch!  I want you to compare the results from three different places and see which is best.  You may check out other places through your own searches. Check out the details and options that each site offers. 

ING Direct's Cd's 

Bank of America CD's

Citibank's CD's

Ocean City Home Bank's CD's

Wachovia CD

     Uncle Vinny always seems to have an angle and offered you a deal right before you left on your trip.  If he could borrow the money, he would pay you back at a rate of $10,750 a year. That's $750 a year for you. That could be some extra clams!

F) Aunt Minnie

     Your Aunt Minnie is also interested in borrowing a little cash.  She will pay you back $7000 the first year and increase that amount by $1000 each year after that. Keep your eye on this investment and remember to keep track of the total amount of money that you have received.  Which relative would end up giving you a better deal.