My kids (8 and 10 yrs old) will be inheriting some money to be placed in a custodial account. They will not receive the money themselves for about 8 years. My sense is that this money should be properly invested in stocks as opposed to sitting in a savings account or CD. But, of course, there is risk with stocks. So, while I feel I have an obligation to properly invest and grow the money on their behalf, I also have an obligation to make sure that they have the money they inherited--no less.My planned portfolio is as follows:20% cash20% Vanguard S&P 500 ETF35% Vaguard High Dividend Yield ETF25% Specific stocks that I would consider safe and/or might have room to run and beat the market. My current thoughts are (PM,MA,WFC,MCD,AAPL,IBM,AMZN,KO,NKE,NFLX)So...First question. Would you invest it?Second question. Does this seems like a reasonable portfolio given the circumstances?
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