My husband and I started a college fund for our daughter over the past week. We've had some money set aside for her account for several months now, earning a whopping 0.1 percent interest in our traditional savings account, as I tried to decide which investment option was best for us. Ultimately, though, we just went with what the financial planner recommended because the amount of information out there is just too overwhelming for me.
As we reviewed the funds that the financial planner had prepared for us, I was pleasantly surprised to see how much we can see, eg., specifically what companies our money would be invested in. My retirement account doesn't provide information that detailed.
After seeing what's available, I thought I might try reading a book like "Investing for Dummies" so that I can get the basics of investing down. I'd like to take a more active role in our investments. I had hoped I could borrow the book for free on my Kindle from Amazon, but it isn't available. Hopefully, I can get it from the library.
As we reviewed the funds that the financial planner had prepared for us, I was pleasantly surprised to see how much we can see, eg., specifically what companies our money would be invested in. My retirement account doesn't provide information that detailed.
After seeing what's available, I thought I might try reading a book like "Investing for Dummies" so that I can get the basics of investing down. I'd like to take a more active role in our investments. I had hoped I could borrow the book for free on my Kindle from Amazon, but it isn't available. Hopefully, I can get it from the library.
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