Hi everyone! I’m looking for some guidance and opinions.
I’m a 47 year old small business owner in Pennsylvania. I opened a Fidelity UTMA for my son when he turned 1 year old in July 2025. He’s now 1.5 years old, and I plan to contribute roughly $10,000 per year going forward. I automatically put $100 in each week plus Christmas/birthday money goes in
I’ve been trying to do my due diligence, but honestly there’s so much information out there that I’m getting confused, and I’m not confident I’m approaching this the right way.
So far he has 6 shares of NVDA, 59 shares of FSELX, 29 shares of FSPGX, 300 shares of HGRAF & 22 shares of KGC.
This is meant to be a long-term growth account (college, early adulthood, etc.). I’m open to a “set and forget” approach if that’s the smartest move. I mainly want something sensible and repeatable each year without constantly second-guessing myself. Should I just VOO or VTI and chill?
Thanks in advance! I really appreciate the help!