Hi! I have a 3-month old son and I would like to create him a long-term portfolio with etf/s and stocks. I am planning to open a new account so I don’t have my holdings mixed with his. We are based in EU (will probably open Revolut account). My plan is to put a fixed amount per month into etf - was thinking s&p500 and then whenever he gets some cash (baptism, birthdays, school endings…) put it in a stock. I am planning on doing this for like 15 years and then let it ride for another 10-15 years - depending on how mature he will be and when he will need that money for something meaningful.
I believe the us economy will still be here in 30 years so s&p won’t be problematic. But if you can give me some stock ideas that would be awesome. Something that will still exist and perform in 30 years. Right now im thinking Alphabet and Amazon since he already got some money just because he was born 😁
Would also like to hear some ideas or what the rest of you are doing jn terms of investing for your children?