Invest in "time" with your son. All the money is nice, I prefer individual stocks, but as a father of one son and three daughters..... "Time" is the one thing that equalizes all of us.
Love your wife, try to be as honorable as you wish him to be and love him unconditionally enough to discipline him into acting like a man.
Also the first 5-6 years are real important to impress upon him that you are his dad and not his friend. You can love and laugh and play, but the bottom line is you are the model he will use to live his life.
Congratulations, you are truly blessed by God with his gift....enjoy him and there is no honor, award, money or treasure like a son growing up into a fine honorable man.
good luck and God Bless your family.