<prompt> Human: I have a 5 month old daughter and I want to start some sort of investment portfolio for her. I am so clueless on this stuff I dont even know if investment portfolio is the right word.I want the funds to be available to her only after a certain age.It would be nice if others could contribute on her birthday, Christmas, etc.I am taking the first year of her life to build the savings for the initial deposit. It will be between 1000 - 2000 dollars. I realize that is not much but we dont have much. Id like to start her off in a better place than her parents which is why Im doing this.Advice on where to start would be appreciated. Thank you!  <response>: Consider investing in a 529 so she wont have to take out loans for college. 