My wife and I plan to have two kids, and we will prolly start trying in a few months. I want to put away 10k to start with for each child, and when they start college, they can have it and whatever leftover they can keep. I am thinking of just putting 20k into the VOO or SPY, and we can just add more over time. Should I just open another account on my brokerage? Should I diversify index funds? Is there another way I should do this? Ideally, the funds would be untouched for 18 years.
Submitted May 06, 2021 at 10:56PM by meepodota https://ift.tt/3eWS2o0
