bank bonds?

Question

How old do you have to be before you have to buy a bank bond?
How much can you buy?
How much does it cost?
How long do you have to wait?

Answer 1

I think you have to be 18 to buy a bond, otherwise you need a custodian to purchase it jointly with you.

As for how much and cost, it varies by bond type and time of purchase. Each is different, but it is laid out in the bond.

A bond is considered an investment over 10 years (otherwise it is a bill or note).