I've saved up a little over $3k for my son for when he is older for college or other needs. I am looking to either invest it in a low risk or some type of CD/alternative. I am roughly saving $1000 a year for him plus other deposits when cash is available. My family has never been the saving kind so I can't really ask advice from my parents.
Suggestions? I understand low risk = low reward, but it's better than sitting in a savings account gaining .01%.
Suggestions? I understand low risk = low reward, but it's better than sitting in a savings account gaining .01%.