Hi everyone,<p>I am completely new about investing,and I was wondering what are the best strategies for investing money for your kids (less than one year old).<p>How did you invested money for your kids? What are you advice on the topic and more important, what should I absolutely learn in this field?<p>Thank you from a super beginner!<p>Have a wonderful day and smile! :)<p>Best,
Domenico
If you're in the U.S., you should learn about tax-advantaged educational savings accounts, such as Coverdell accounts:<p><a href="https://www.irs.gov/taxtopics/tc310.html" rel="nofollow">https://www.irs.gov/taxtopics/tc310.html</a><p>If you're completely new to investing in general, you should learn about basic issues of investing, such as the impact of fees on the long-term returns of investments. For example, directly opening a mutual fund account with a low-cost provider like Vanguard is usually a much better deal than going through the sales people at your local bank (who will gouge you on fees).