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I asked a friend of mine about this, he said quote: "We received our statement for the year for our grand children, the 16 year old shows a 19,000 dollar loss, the 17 year old shows a 20,000 dollar loss and net earnings of 1,200 since funds inception (note: divided over 17 years) and the 12 year old shows a negative balance of -319.00 dollars." So, in the case of the 17 year old, divide 1,200 dollars by (17 years X 12 Months) and you get about 6.66 per month to that one person. (and you wonder why "indians" complain about their treatment by the US Government)

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16y ago

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