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With the market being at a low point, is now the time to buy mutual funds? I want to invest some money in a College Fund for my 2 year old son.
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<With the market being at a low point, is now the time to buy mutual funds? I want to invest some money in a College Fund for my 2 year old son.>


Your question is WAY to broad to even begin to answer in a meaningful way. The fact that you want to set up a college fund for your son is good. If you have been putting money aside for this purpose, that too is good.

There are literally thousands of funds in dozens of catagories out there. Some have done well this year. Others are waving the white flag. You need to increase your overall understanding of your goals and risk levels BEFORE starting. Do not get talked into anything that you do not understand! If you decide that funds are your choice, you should try to stick with a low cost provider (ie: Vanguard).


BRG
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With the market being at a low point, is now the time to buy mutual funds? I want to invest some money in a College Fund for
my 2 year old son.


Yes, but tomorrow the market might be lower. However I think we would all bet that 15 years from now it is higher.

The real point is any time in the market cycle is a good time to start investing. You want to invest a little each week or month. (dollar cost averaging).

Go to any large mutual fund and look at IRS section 529 plans.

Do not put the money in your childs name.
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With the market being at a low point, is now the time to buy mutual funds? I want to invest some money in a College Fund for my 2 year old son.

Anytime is a good time to invest. If the market it well off it's highs, then so much the better. The best thing, however, is to invest regularly over time. I think it's a real mistake to try to time the market. If your daughter is 2 years old, there will be many ups and downs before she gets to college. Just start putting the money away now, each month, and keep doing it. And, don't forget to take care of yourself at the same time.
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