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My son is 7 years old and received an inheritance a little over $10,000 (US dollars) from his Great- Grandfather. He is not aloud to touch it until he is 21 years old, unless he goes to college (which he will). What is the best place to invest the money? I wanted to do 1/2 in a savings account or a CD and the other 1/2 in stock. I had money in stock and lost a lot after 9/11, so that is why I don’t want to put it all there. Any suggestions?
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