submitted 5 days ago by huquad@lemmy.ml to c/personalfinance@lemmy.ml

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My parents want to give my new baby some money for a savings account. However, if its just going to sit there for 20 years, I'd prefer for it to gain interest/dividends. Is there any easy way to setup a fund that tracks s&p500 and preferably tax advantaged? Or am I better off just investing in the relevant mutual fund.

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[-] FluidBeef@quokk.au 1 points 4 days ago* (last edited 4 days ago)

They should instead make a charming gold medalian necklace, the back of which has a personalised message engraved with the precise geolocation of a hidden underground cache containing years worth of tinned food, filtered water, and lo-tech weaponry.

this post was submitted on 06 Dec 2025

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