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investment for 2 year old son

cubatahavana · 2021-01-27 10:50:48

Hi all, We have a few thousand in KBC in a savings account for our 2 year old. I am sure there is a better way to use this money to generate some kind of interest. Was thinking that maybe credit union/post office may be a good idea? Are there any other investment options that you would recommend? Thanks in advance

27-01-2021 11:50am

#1

cubatahavana

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Join Date: November 2010

Posts: 907

Hi all,

We have a few thousand in KBC in a savings account for our 2 year old. I am sure there is a better way to use this money to generate some kind of interest. Was thinking that maybe credit union/post office may be a good idea?
Are there any other investment options that you would recommend?

Thanks in advance

0

Comments

#2 27-01-2021 12:01pm

BrokenArrows

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Posts: 6933

Whats your timeline for cashing in the money?

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#3 27-01-2021 12:35pm

cubatahavana

Registered Users, Registered Users 2 Posts: 991 ✭✭✭

Join Date: November 2010

Posts: 907

BrokenArrows wrote: »

Whats your timeline for cashing in the money?

long term, it's intended for college and he's only 2. We are planning to top up the savings on a monthly basis

0