<prompt> Human: My little one just turned 4 and over the last few years of birthdaysholidays shes received around 2000 that I have sitting in a drawer... Would like to invest that money, plus future birthday cash. She already has a 529, this would mostly be for her personal items car, house etc. suggestions?  <response>: With about 12 years to grow until shell want a car i would keep half in a high yield savings account and half in a low cost mutual fund that tracks the total market or sp500. Over 10 years to grow is safe in the market to me and will be a nice surprise when she turns 16. 