Posts Tagged ‘18 years’

Should I invest in a mutual fund or a 529 plan for my child?

The 529 plans that I have found in NY have an average of 3-5% return since inception (2003). I feel that if I invest in a traditional mutual fund, I can get a better rate of return over the next 18 years and this will out weigh the tax advantages of the 529 plan. Is my rational correct?


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What is the best investment for a college fund for a baby?

I have looked into few ideas but I am looking for an investment option for 17-18 years which I will be adding into monthly. I want something fairly stable but with a decent return. Thanks.


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What is a good financial investment type of gift for a baby?

An investment that requires less than 0 to purchase, but will yield much more after 18 years? Preferably a low risk investment.


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