Since Louis is talking particularly about the honeymoon, I think a gift certificate for a few nights at a nearby resort is still a good idea (tooting my own horn ), but I really like the savings bond idea for a general wedding present.
Edit: I was referring to type I savings bonds. I didn't know about EE savings bonds ($1000 bond costs $500) but will now look into that for myself! Thanks, FigureSpins!
Edit: Hmm, now may not be the time for EE bonds either, as the interest rate on bonds bought today is fixed at 0.6%.
Last edited by Gazpacho; 03-30-2011 at 04:57 PM.
This summarizes how I feel, also.I doubt anyone cares about my opinion at this point but I say give what you can afford for any wedding, whether it's a little or a lot. A gift is exactly that, a gift, between the giver and receiver, and nowhere in wedding etiquette (yet) is there a big tote board that flashes a running total of loot gathered that is obvious for all to see. Louis could give the money and no one might ever know except the couple, which would be a wonderfully personal gift.
I bonds carry no fees, they are just like EE. The only difference is that EE are fixed rate and I have a fixed rate of return and a variable semiannual inflation rate (based on CPI-U for March and September)which are combined. Both I and EE are SAVINGS BONDS.
Now Treasury bonds, notes and bills can be purchased from brokers and some large bank investment units for a fee, but you can get those through Treasury Direct for no fee.
If I were a betting person, I would bet that the fixed rate for
'I' will be more an 0% on May 1.
Last edited by mrr50; 03-31-2011 at 12:41 AM.
Here's a thought. If you were afraid that a gift that big might make the friendship uncomfortable. You could always give them a smaller cash gift, and then give them some of the rest in an anonymous way. I.e a typed note saying that you think they are wonderful people who deserve a great honeymoon, and that your afraid they won't accept that if you give them the money directly. So your giving it to them in a way where they can't return it or say no.
Last edited by bek; 03-31-2011 at 02:36 AM.
I don't know if anyone has experience with this site that I found: http://www.xperiencedays.com/
It lets you buy gift certificates for an experience such as a hot air balloon ride or dance lessons. Sounds like a neat wedding gift.
Last edited by Gazpacho; 03-31-2011 at 09:14 PM.