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Savings/Investment vehicles for children

r3nu4l · 2014-11-18 22:08:52

I want to start saving for my kids and while they will definitely have their own bank/credit union/An Post account I also want something that is going to provide a better return. They will use the bank/CU/An Post account as a learning tool to inform themselves about regular operations and interest rates/dividends. However,…

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18-11-2014 11:08pm

#1

r3nu4l

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Posts: 15541

I want to start saving for my kids and while they will definitely have their own bank/credit union/An Post account I also want something that is going to provide a better return.

They will use the bank/CU/An Post account as a learning tool to inform themselves about regular operations and interest rates/dividends. However, can anyone advise as to what financial vehicles are out there for kids?

Bonds?
Trust Fund?
Something else that is relatively low-risk but will provide a better return than banks?

Thanks in advance.

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