State ‘Child Accounts’ worth a serious look

The Hattiesburg American, 11/17/7

Investments can be a roll of the dice. Playing the stock market is certainly no guarantee of ultimate financial security.

Hoping for instant wealth by purchasing lottery tickets or gambling at a casino is a long shot fraught with risks.

But the latest investment idea proposed by Mississippi Treasurer Tate Reeves sure looks good on paper.

Reeves hopes to get a bill presented to the 2008 Mississippi Legislature that would provide a savings plan for newborns and help stimulate the state’s economy in return.