My newborn daughter received some gifts at birth. Have $500 to invest. Planning on a stick and stay, make it pay approach, with dividends reinvested. I'll be adding monthly to her brokerage account, as well has adding her AK dividends (about 1k a year) to it.
Any suggestions? Costs $7.95 a trade, and I don't plan on selling. It'll be under my care for 18 years.
Actually you should be taking much more risk, now, looking for growth, not dividends.
