What is the safest and best way to invest money for your childs future?
Over ANY twenty-year period, the stock market has provided investors with a better return on their money than nearly any other investment vehicle. I don’t know that I’d recommend investing in individual stocks unless there’s a company that you know very well and believe they’re doing well. I would recommend a stock-based mutual fund…if your child is young, then a really agressive fund. Select a “no-load” mutual fund, which means there’s no fee to buy or sell shares in the fund. My favorite fund families are American Century and Vanguard. Good luck!
