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re: Treasury notes
Posted on 3/8/17 at 1:31 pm to CoachChappy
Posted on 3/8/17 at 1:31 pm to CoachChappy
Ah got ya, that's what I was leading up to. Custodial account is what I would've done as well.
As far as investments are concerned it sounds like you have at least a 10 year horizon to use this money for maybe high school expense and then another 6 years after that for college expenses.. so I'd be cautious on buying bonds for a goal that far out. If you're risk tolerance is low for this then at least look at a balanced mutual fund. If you're looking to maximize your return then you can look at throwing some index funds in there.
Are you managing this yourself?
As far as investments are concerned it sounds like you have at least a 10 year horizon to use this money for maybe high school expense and then another 6 years after that for college expenses.. so I'd be cautious on buying bonds for a goal that far out. If you're risk tolerance is low for this then at least look at a balanced mutual fund. If you're looking to maximize your return then you can look at throwing some index funds in there.
Are you managing this yourself?
1
Posted on 3/8/17 at 1:32 pm to Shepherd88
quote:
Are you managing this yourself?
Yes, like I said, it's just a savings account at the teacher's credit union.
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