Ideas and suggestions for dca plan for my son

Hi.

I am open to suggestions. I want to create a plan for my baby (1 year old now) with a pie all made of ETFs to build via a DCA for him to have something to start with his own life. HAs anyone doing something similar and what are the directions you have taken?

1 Like

The thing with it is you don’t want to risk all the money, but at the same time it’s not essential money, meaning if you lost it all it isn’t the end of the world. So in my mind it’s best to go with a couple of stocks you think have huge potential over the next 15 years, and some broad indexes just so if the stocks go badly at least you’re left with something. It’s entirely your choice

The idea was to use only widely broad ETS’s so to reduce the risk. I was thinking something like this pie:

www.trading212.com/pies/l7A9rzbit3ZqgDxXMcha1ify4T7A

I’m no expert but maybe have a look at S&P 500 (VUSA) and I see you already have NASDAQ tech so that’s decent.

thanks for your feedback. I had indeed VUSA in my mind at the beginning. It may be one of the alternatives