Do any of you have any good advice for a good mutual fund to open for a child? Years ago, I used American Century Gifttrust for my granddaughters, but it is no longer offered. I have a great granddaughter now.
Good mutual funds for children?
January 14th, 2016 at 10:19 pm
January 14th, 2016 at 11:02 pm 1452812532
January 15th, 2016 at 12:54 pm 1452862445
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January 15th, 2016 at 04:41 pm 1452876098
I suggest a contribution of $ 200. per year is better in a Savings account, possibly joint requiring both child's mom and your signatures for any withdraws until you feel confident the parents are adding to it regularly. With the market so low just now, a $2K plan for Great Granddaughter sounds wonderful, particularly if you view a percentage as 2015 birthday, Xmas; 2016 birthday, Valentine gift, Easter, Xmas etc. it covers several years but more importantly, it grows and grows with her!
,,,just some random, unedited thoughts
January 15th, 2016 at 04:47 pm 1452876444
Would you consider buying a few shares in Disney stock [$ 95.09] via a discount broker, with automatic reinvested dividend?
January 16th, 2016 at 03:09 am 1452913771
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