What Is The Best Mutual Fund To Invest My Seven Year Old Son's Money?

I want to start investing money that my seven year old son has saved. I'm thinking about putting it in a mutual fund; which would be the best?

One of the best is a college account from T rowe Price. The university system in my state uses T Rowe and everyone seems to be very keen about it.

I would recommend the Vanguard Star fund. $1000 minimum to start, low cost and it invests in a combination of otther vanguard small, large and international stock funds and bond funds. I put my daughter's IRA in this fund.

If you would like to use this money for your son's college education some day. It would be best to open a 529 college savings plan offered by your state of residence. The investment will grow tax free if you use the money for college and you will get a tax write off on the investment. Please email me if you would like more detailed information. richardjackel2000@yahoo.com. I would be very happy to help you

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　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield

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