Which 529 plan is the best and what is a good mutual fund to start with?

I want to start a college fund for my 4 month old daughter, but I don't have a lot of investing experience. What advice would you give me.

Do you know what a 529 is/does? You need to research it...I was gonna do one for my daughter, but you are better off saving up money and doing CDs and stuff like that...

I Love Sushi,

Make certain you read over the 529 plans carefully.

Check with your bank, or a large bank in your area, for investing. When you don't have a lot of investing experience you could end up losing a lot of money through poor investing.

Many large banks (Washington Mutual is an excellent one) have Mutual Funds, and use local people for investing guidance. I'd start with the bank.
Additionally, the bank could give you the best advice as far as the 529s go.
Be safe in your investing.

A 529 plan can be worthwhile if it has low fees and expenses. Almost all of these plans are sponsored by a state. Your home state probably has one or more of them. The lowest cost plan probably is Utah's 529. But if your home state has a low cost plan and gives you a tax deduction for contributions, you may be better off with your home state's plan. A higher cost plan (2% of assets or more per year) probably isn't worthwhile. Avoid 529 plans sold through brokers because those will be the higher cost plans (the higher costs go to paying the brokers instead of building college savings for you).

Everyone has a dream that there child will go to college, in my family I was the only one out of three. My suggestion is don't lock your child's money into something that they may not even use. If it is a tax break your looking for there are other things you can look into. As far as mutual funds? I cannot promote something that you put your hard earned money into for low returns and bull crap fees when you sell.