If you don't have the time or the resources to research and maintain a broad mix of individual securities, mutual funds are a good option. You can rely on professional managers to work on your behalf.
ETFs are low cost, tax efficient, and liquid vehicles through which you can invest in a basket of securities that mimic exposure of the overall market or a specific segment of it. If suitable and meets your investment objectives, you can trade them on your own like any other stock.
These plans are meant to help you save for many different forms of education. Some versions allow you to lock in current tuition rates. Others provide tax-advantaged savings on contributions and withdrawals for education-related expenses.
It's always useful to learn a little more. Take a look at these helpful links.
Securities offered through properly licensed registered representatives of NYLIFE Securities LLC (member FINRA/SIPC), A Licensed Insurance Agency and a New York Life Company.
About risk: There are risks involved with investing in any such products, including the possible loss of principal. Investors should be willing to accept a high degree of volatility and the possibility of significant losses.