How I am investing for my kids · Invest & Retire Community

How I am investing for my kids

Once a year, I put aside a fixed amount of money to invest in my kids.

As the time horizon is 20 years, I am not too worried about short-term timing. But ideally, I want to get in at a dip.

I have been waiting for a dip for the last 4 months and now the market suddenly dropped last week.

Based on my projection, putting aside $5000-10,000 per year for the first 5 years of the kids' life is enough to cover future tuition costs (and then some - hopefully housing as well).

I am putting aside 3 contributions for my first kid and putting aside my 1st contribution for my second kid. So far the return is 30% on the portfolio

These are the index funds you can consider:

Conservative: SPY, QQQ

Aggressive: SPXL, TQQQ

I bought using my index fund strategy as an annual lump sum (not DCA quarterly or monthly. But you can do that if you have time).

Cheers,

Eric

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Eric Seto

Chartered Professional Accountant (CPA)

Chartered Investment Manager (CIM)

Founder of 5MinInvesting.com

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