Hello everyone,
I am a 25-year-old male, and my wife is 23 years old. We have a son who is 1 1/2 years old. Recently, my grandfather passed away and left my father some money.
My father texted me the following: “I want to give you some money for Eli’s college fund. So, start researching investment opportunities, and we will talk about it.”
I am thinking that the amount he will give is between $20,000 and $50,000.
Given my current situation, what do you think is the best way to invest that money for my family’s future?