Question...
Have 3 young children (<3 yo) and saving for each of their college educations with 529c, contributing yearly with 10K each. Additionally, I am currently stashing away $100/month into a online savings for each. That money in the online saving is making little interest ~ 1.2%. I was thinking about opening brokerage accounts for each child and investing that money into an ETF like SPY, QQQ, or VOO. Thoughts? Any other ideas on what to do with that cash.
Thanks
Have 3 young children (<3 yo) and saving for each of their college educations with 529c, contributing yearly with 10K each. Additionally, I am currently stashing away $100/month into a online savings for each. That money in the online saving is making little interest ~ 1.2%. I was thinking about opening brokerage accounts for each child and investing that money into an ETF like SPY, QQQ, or VOO. Thoughts? Any other ideas on what to do with that cash.
Thanks
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