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investment for 2 year old son

  • 27-01-2021 10:50am
    Registered Users Posts: 990 ✭✭✭

    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


  • Registered Users Posts: 7,499 ✭✭✭BrokenArrows

    Whats your timeline for cashing in the money?

  • Registered Users Posts: 990 ✭✭✭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