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investment for 2 year old son

  • 27-01-2021 11:50am
    #1
    Registered Users Posts: 975 ✭✭✭ cubatahavana


    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


Comments

  • Registered Users Posts: 7,494 ✭✭✭ BrokenArrows


    Whats your timeline for cashing in the money?


  • Registered Users Posts: 975 ✭✭✭ cubatahavana


    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


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