help

[atinvesting]

I really appreciate your opinion about how should i invest my money.

1. I contribute about 1100 per month for my 401K
2. I plan to save around 30k for emergency, so far i have 10k
3. I just started a 529 plan for my daughter who is 7 months old.
4. I can put a side around $500-$800/month. I don't know who should i invest this extra money?
Is mutual funds a good start? then which one? how long should i keep the money?
i have no experience in investing, and i don't want to take the risk in stock investment.

5. Do you think having an ESA plus 529 plan is a good idea?

Thanks in advance

[Chart_oasis_man]

Regarding mutual funds one can not give right answer to the question "how long should i keep the money in it?" since mutual fund is a way of investing but it does not define the underlying investment instrument. There are mutual funds that are investing in cash and there are also funds investing in stocks of a particulary industry or country.
If it is in connection to stocks it may need "active management".

[lorraineb]

If you no nothing about investing and aren't willing to learn, Vanguard Index fund

[Rainbow Traveller]

A financial analyzer can provide a good idea for your invest but a number of amount is deserved a analyzer and your invest will be secured finally.