Did you know that the average tuition at a private college is more than $38,000 per year? Over a four-year program, that could run you more than $152,000 just in tuition costs. While public schools can be more affordable, they still cost many thousands of dollars per year too. Saving money and investing it as soon as your child is born can help make these expenses much more manageable in the future.
And a great option for this type of investment is a high-growth emerging sector where your child will grow alongside some promising up-and-coming stocks. Although it may be difficult to pick winners in rapidly changing industries, that's where exchange-traded funds (ETFs) can do the work for you. A couple of top ETFs suitable for long-term investors are the Global X Telemedicine & Digital Health ETF (NASDAQ: EDOC) and the Global X Robotics & Artificial Intelligence ETF (NASDAQ: BOTZ) .
Below, I'll show you how contributing $500 each month to one of these funds could grow your portfolio to more than $1 million, and set your child or children up for life.
For further details see:
Investing $500 Each Month Into These 2 ETFs Could Set Your Kids Up for Life