My wife and I are expecting our first child in January of 2019, and this might sound crazy but I'm trying to get most stuff sorted out before our daughter is born and we'll be preoccupied with other stuff.
Today's topic: saving for college. Obviously you want this to be a risk-free investment to avoid the "Sorry honey, you can't go to college because daddy thought Nokia stocks were a safe bet... who would've thought the smartphone would kill them" talk.
I want to start right at birth, so it'll basically boil down to a long-term 18-year strategy. Vanguard funds and ETFs? Mixed investment, aka savings account + stock market + funds/ETFs? Just stocks but make sure to have many different ones mixed together?
What's your personal strategy?