The piece is seventy-five minutes long...[l]ong enough for an idea to be developed, but not so long that one starts to measure the number of seats to the exits with desperation if the thing doesn’t work" -- Marina Harss
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 05:57 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 01:41 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 03:36 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 10:14 PM.