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$2000 to be invested. What is best long term option?


Our son received (AUD) $2,000 for his 1st birthday. His father and I want to invest it for his future education etc. Could anyone provide me with specific's on the best long term investment options please? Thanks.

The S&P 500 is your best option, ticker SPY, it pays a divvy too. Or if you want a better return, do ticker RSP, which is the S&P 500 but equal weighted, so small caps have more of a presence in the asset, small caps historically have a higher rate of return.

I would say diversify more, and go global, but $2000 is not enough to do this with.

Try this link, https://my.axa.co.uk/genesys/aslimpweb?c...

I'l suggest you to invest in mutual fund which will give u good capital appreciation. Please invest in any of the long term equity fund .

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