I've noticed Nevertheless, I appreciate the Butterfly advice. Wealthfront had a great 529 plan - exactly what I needed! I carefully investigated what they offer and they gave me a hint that college saving accounts allow saving on taxes. Pity but you've got to have the US SSN to apply. I've scheduled my appointement with ISEC WM manager already to see whether they can do the same as WF 529 but adjusted to the EU realities.
Will be looking forward to hear how it goes. The US regualated investment companies and brokers are very good but unfortunately often are avaialble to the US citizens only.
Don't give money to other people to trade for you. Press Max and Market on your retirement savings account: Forced savings, sometimes employer matches, long-term investment, and massive tax advantages!
Saving for education is not that longterm unfortunately. Kids grow fast enough and therefore the investment strategy must consider the risks following from the term of investment. Some active management might be required at some point which is better to be done with a cool head. You know, looking at some of my fellow 'investors' who do panic sales with every 5-10% drop, I think that the idea to delegate is not that bad at some perspective. The most important thing is not to delegate to someone promising 100% yearly ROI
If you need to raise wealth in 5 years, LEAP options would work pretty well, you just need financial knowledge first. Most likely, LEAPS will outperform the market, just use a vertical or covered stock spread on an index ETF.