Looking for a little bit of info from those more knowledgeable than me.
My five year old daughter has the above sum in her college fund. We've really skimped for it over the years (started before she was born).
Times are getting harder for us economically & it looks like we won't be able to contribute to it like we were (or at all) for the foreseeable future, but I want to keep it growing if at all possible.
It's currently in an AIB kids account where it ears a meager interest rate.
We were thinking of maybe the state solidarity thing or prizebonds (someone's gotta win, right???). IS there anything else we should look at ? No risk is much preferred (as much as anything can be no risk). I know you don't get as high a return, but it's my daughter's future I'm dealing with.
We don't mind it being locked away (probably a good idea in the long run). Also we'd like to be able to capitalise by being able to add to it if possible.
Looking forward to the replies