No. of Recommendations: 0
Roth almost certainly will provide more money -

On the assumption the funds will be invested for more than 20 years, I strongly recommend putting them into an index fund the closely follows the S&P500.

There certainly will be people who will tell you that you can make more money. Other people will point you to this or that investment option that existed 20 or 30 years ago and would have beaten the S&P500 returns.

First her is a good S&P500 option. VFINX -- once the value of this account increases so that your nephew's funds increase to the level allowing conversion to VFIAX, Vanguard will contact the account owner urging the conversion which will mean even better returns because VFIAX has lower fees.

Second read this: http://tinyurl.com/y8xzasjg
Warren Buffett bet a million dollars nobody could be the S&P500 over 10 years -- with a couple of limits. That bet was made in 2007 just before the great recession. Warren won easily.
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