3 Stocks That Could Help You Send Your Kids to College
The month of May means it's graduation season -- though this graduation season is shaping up to be the weirdest ever, thanks to the COVID-19 pandemic. While today's graduating classes will have to attend virtual celebrations, today's new parents may be wondering how they're going to invest and save for their kids' college tuition a decade or more from now, especially as the economy hurtles toward a recession.
Fortunately, the younger your children are, the more time you have to prepare. And the more time you have to prepare, the more the miracle of compounding can work in your favor. That means investing just a little bit in high-powered growth stocks today could grow your money by many multiples over the next decade or more.
What's the key to spotting these winners early on? Judging from past multi-bagger stocks, they usually have a few things in common:
Source Fool.com