3 ETFs That Could Help You Send Your Kids to College
A recent survey by Discover Student Loans found that 68% of parents of college-bound students are concerned about paying their children's education. Given the economic uncertainty caused by the coronavirus pandemic, paying for college may be an even bigger worry than usual for many families.
Whether college payments are way down the road, right around the corner, or already upon you, exchange-traded funds (ETFs) are investments that can help you meet your college financing needs. ETFs provide a way for investors to buy multiple stocks or bonds at once. Investors buy shares of ETFs, and that money is used by the fund manager to invest according to a certain objective (like mirroring a broader market index or investing only in stocks from a certain sector like tech or automotive).
Here are three good ETF options that can help you save up for college expenses (depending on your time horizon).
Source Fool.com
