UTMA investment options for our first born

[Jarred Sallus]

Long time Listener, first time poster!

We had our firstborn recently and debated between a 529 and UTMA account. Long story short, we chose to go with a UTMA  (with the option to do a 529 if we had more children).

I'm having trouble deciding what ETF, stocks, etc. to pick.

What is everyone's suggested Diversification/mix/allocation? The goal is something that I would not have to manage much until later, when she gets closer to needing it for college or a house etc

Asking Chat GPT and got an answer ive modified to Something like

- 40% U.S. Total Stock Market (VTI, VTSAX, and maybe even just the S&P500) also have trouble understanding the difference between VTI and VTSAX
- 15% U.S. Growth Stocks (VUG)

- 15% International Stocks (VXUS)

- 10% in Maybe tech or REIT? (QQQ, or VNQ)?