
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: MONDAY, December 12, 1994                   TAG: 9412280100
SECTION: BUSINESS                    PAGE: A12   EDITION: METRO 
SOURCE: MAT POFF
DATELINE:                                 LENGTH: Short

HOW TO GO ABOUT PROVIDING EDUCATION FOR GRANDCHILDREN

Q: I want to help provide for college educations for my preschool grandchildren. Would U. S. Savings Bonds or mutual funds be the better investment? Should the investment be in the child's or the parents' name? What about taxes? Who pays and when?

A: Because your grandchildren are very young, meaning college is on the far horizon, most poeple would advisae investing in stock mutual funds. Stocks have the best record of long-term growth, while cash-type investments barely keep up with inflation and taxes. You have time to ride out volatility in the market.

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