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Best bank account or savings scheme for new baby

  • 11-03-2015 8:54am
    #1
    Registered Users, Registered Users 2 Posts: 326 ✭✭


    Anyone here know which would be the best bank account or savings scheme at the moment to open for my new daughter??

    Id really appreciate some good advice :)

    Thanks
    Phishcakes


Comments

  • Registered Users, Registered Users 2 Posts: 537 ✭✭✭topper_harley2


    Not enough info.

    Do you have a lump sum or are you contributing regularly?

    How long do you want to save for?

    Do you need access to it in the event of an emergency?

    Are you happy with currently poor bank deposit rate returns or would you prefer riskier investments that could do better over time?

    etc.


  • Registered Users, Registered Users 2 Posts: 537 ✭✭✭padjo5


    phishcakes wrote: »
    Anyone here know which would be the best bank account or savings scheme at the moment to open for my new daughter??

    Id really appreciate some good advice :)

    Thanks
    Phishcakes

    Engage with a financial planner/broker, would help you become informed on various options.


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