Hi all. Long time lurker and first time poster here.
First, I'd like to say thanks to the folks on this subreddit who have helped me along in my financial journey so far. Last week, I opened up custodial accounts (Fidelity) for my two nephews, ages 1 & 3. Money from birthdays and a small % of their parents paychecks will be allocated to these accounts. As of now, the accounts have 10k (3 year old) and 3k (1 year old) - a really strong start.
Knowing that funds will stay put and be added to for the next 20+ years, is it best to pick a single fund or choose multiple? Any specific recommendations or advice related to custodial accounts is much appreciated - thanks everyone!
Submitted March 16, 2019 at 07:40PM by gomster https://ift.tt/2TFbVbg
