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.
Calvin
Be smart. Nothing out performs index funds over time. You win every time, no maybe. If you want to be aggressive, then go to Las Vegas, otherwise do the index fund.
http://www.fool.com/mutualfunds/indexfunds/indexfunds01.htm
