I just had a new born girl. What investments are best for her so she has money for college in 18 years.?

Oil stock.

Just kidding.

Mutual funds, IRAs, and CDs.

You should put your retirement savings ahead of her college savings because college students are given favorable borrowing terms, should they need to borrow for college. If you insist on saving for her college, a low cost market ETF would be a good solution check out ticker VTI.

start a mutual fund for her..your financial advisor will best be able to direct you to what vessel will best suit your saving style and your long term goals for her

I have the college savings plan for both of my kids I opened them when I was pregnant. These are called 529 plans and they are great. Go see a local financial planner and they can get you set up with one. There are tax benefits similar to IRA's but the child can draw off them for college. The funds are also transferable to more than one child as long as it is used for college they won't be taxed on the withdrawls. Great interest rates too...both my funds are earning 9.6% right now!

If possible put as Little as $10-$20 per week away for her into an account they'll pay at least 10% per year. Not sure where you are from. But i am from Australia. The ANZ bank (Australian New Zealand Bank) for instance has a Progress Saver Account. Were you can put in as little as $10 p/m and get 5% back p/m.
All i am saying is shop aruond and you could get an awsome deal. Do your homework on the financial institute though.

my friend works at a bank and she has bonds for her children. They will earn interest over the years. if you start out with a few $50-100 bonds, by the time there 18 you should have a good amount for them. She always encouraged family/friends when the kids have a birthday instead of buying presents that will eventually grow old to them, buy them a bond from the bank. Hope that helps! Congrats on the new little bundle of joy!

Check your state for possible solutions. Texas, for example, has what's called the Tomorrow Fund. It allows you to pay for your child's college at today's prices. You sign up, lock in today's rate, and pay over the next 18 years. Your daughter can then go to any state school and the tuition is fully paid. You get the money back if for some reason she doesn't go to college. There are also some good tax benefits for using such a plan.

Try researching a 529 Plan, preferably the College Savings Plan rather than the pre-paid tuition.

Another benefit: if your child would happen to get a full scholarship to a university, then you could use all that savings any other way you'd want to!

Please visit the website savingforcollege.com. You need to take advantage of the tax benefits offered through a 529 college savings plan. You might be able to get a state tax deduction depending upon where you live and which plan you invest in. The investment returns are deferred and not taxed federally if used for educational purposes. (This was made permanent with the Pension Protection Act of 2006).

Good luck!