What for graduation present?

[spwath]

My parents are getting my a graduation present, but they don't know what to get me.

Me neither.

They said around $100.

 

Thoughts?

[yathis]

A gift card to a gaming store or Bestbuy.

$100 is so small though. I was thinking $1000 I know exactly what you need and require.

[Nalgasp3ludas]

Yeah i agree a giftcard

[yathis]

18 minutes ago, Teejo said:

Yeah i agree a giftcard

Plus a pack of Trojan Condoms, graduation after all.

Jr High is the time.

[Nalgasp3ludas]

21 minutes ago, yathis said:

Plus a pack of Trojan Condoms, graduation after all.

Jr High is the time.

I have a daughter thanks to trojan condoms

[dalekphalm]

12 hours ago, spwath said:

My parents are getting my a graduation present, but they don't know what to get me.

Me neither.

They said around $100.

 

Thoughts?

I would just take the $100

 

Or ask them to buy a $100 investment (5-year GIC or something) for you, so that in 5 years, you'll have more than $100.

[themctipers]

money, or to invest it in something safe that will make more $ because interest (so you'll have $110 i guess after a decade) 

[dalekphalm]

9 minutes ago, themctipers said:

money, or to invest it in something safe that will make more $ because interest (so you'll have $110 i guess after a decade) 

You could get $110 after 5 years with a 2% interest rate. More if the rates increase between now and then.

[spwath]

1 hour ago, dalekphalm said:

 

 

Or ask them to buy a $100 investment (5-year GIC or something) for you, so that in 5 years, you'll have more than $100.

 that's so boring though... 

[dalekphalm]

6 minutes ago, spwath said:

 that's so boring though... 

Meh... your life. You do you.

[LooneyJuice]

Just take the money. Buying gift cards is like changing universally accepted currency into fairy dust. It could very well be that. Just take the money, and if you want the best of both worlds, splurge on something with the 50-70 bucks and save the rest in a "Pending Splurge" bucket.

[HunterSkater429]

Money. Evey single grad party I went to all you get is money and at mine all I got was money. Even from parents. But I was 500 from my mom and 500 from my dad (divorced parents) 

 

100 seems low lol that's how much my aunts and grandma's gave meand my family (but not me) is no where near rich. 

 

 

[HunterSkater429]

6 hours ago, dalekphalm said:

You could get $110 after 5 years with a 2% interest rate. More if the rates increase between now and then.

Or he can get the 100 go to a grage sale buy stuff for cheap sell them and have over 200 easily.

 

Re selling is very profitable I make 30k a month (profit) doing it.

[yathis]

9 hours ago, dalekphalm said:

I would just take the $100

 

Or ask them to buy a $100 investment (5-year GIC or something) for you, so that in 5 years, you'll have more than $100.

$103 at the end of 5 years, doesnt even break inflation. There should be some bank that can accept a measly 100.

[dalekphalm]

41 minutes ago, yathis said:

$103 at the end of 5 years, doesnt even break inflation. There should be some bank that can accept a measly 100.

Depends on the interest rate. Just shucking it into a savings account (high interest or TSFA) won't net you very much, but investing in a bond or certificate can earn much higher interest rates (though not guaranteed).

[HunterSkater429]

1 hour ago, dalekphalm said:

Depends on the interest rate. Just shucking it into a savings account (high interest or TSFA) won't net you very much, but investing in a bond or certificate can earn much higher interest rates (though not guaranteed).

No interest rate will break inflation. Any econ teacher will say to spend money and not save it becase that $100 can buy let's say 3 things now but next year because of inflation you'll have $101 but you can only buy two things now becase the price. 

[kaiju_wars]

23 hours ago, spwath said:

My parents are getting my a graduation present, but they don't know what to get me.

Me neither.

They said around $100.

 

Thoughts?

Ask for one of those prepaid visa gift cards

 

[NumLock21]

Buy from Amazon a lot? get a amazon gift card.

[Mooshi]

screw cheap tech stuff for 100 or some half assed gift card. Go splurge on a restaurant and enjoy the night out!

[TheKDub]

23 hours ago, spwath said:

My parents are getting my a graduation present, but they don't know what to get me.

Me neither.

They said around $100.

 

Thoughts?

Take the cash if you can, then put it towards college (Assuming you're going to college, otherwise, who knows.)

[spwath]

4 hours ago, HunterSkater429 said:

Money. Evey single grad party I went to all you get is money and at mine all I got was money. Even from parents. But I was 500 from my mom and 500 from my dad (divorced parents) 

 

100 seems low lol that's how much my aunts and grandma's gave meand my family (but not me) is no where near rich. 

 

 

Well they got me a laptop too and are paying for my tuition, so....

 

1 minute ago, TheKDub said:

Take the cash if you can, then put it towards college (Assuming you're going to college, otherwise, who knows.)

My parents are paying for my college.

[Gale]

11 hours ago, dalekphalm said:

GIC

GIC's are fine for helping your money keep up with inflation in the short run. But for something that's going to stay saved up for 5 years or more, it's recommended to invest in something with a low/moderate risk, a mutual fund. The tricky thing is to find an institution with lower than average management fees since banks tend to drive those up.

[Goodman2265]

airpods. be like me

[spwath]

Just now, Goodman2265 said:

airpods. be like me

No. I have my sennheiser HD650's and my Fostex TH-X00's

[Goodman2265]

Just now, spwath said:

No. I have my sennheiser HD650's and my Fostex TH-X00's

something light weight