Andyfez Posted May 31, 2023 Share Posted May 31, 2023 Preferably something they can't cash in till they're 18 or 21? Link to comment Share on other sites More sharing options...
soi3eddie Posted May 31, 2023 Share Posted May 31, 2023 You don't say which country. Likely to get a better return in a western country. In the UK there are children's accounts that can be run by parents (who then control withdrawals). I was recently tidying up papers and came across a forgotten account for my son taken out at birth (he's now 19). The account had just over £3,000 in it but was paying a paltry 0.5% interest. We just closed it and he's invested the money into a Lifetime ISA. Look at what's on offer in your home country (not Thailand). If it was me doing this again I'd look at some kind of managed stocks/shares investment fund. As it's a long term 15 years+ time frame there is more chance of it growing well and better than an interest bearing account. Although interest rates of 4.5% are now available here in the UK. Link to comment Share on other sites More sharing options...
stoner Posted May 31, 2023 Share Posted May 31, 2023 bitcoin. Link to comment Share on other sites More sharing options...
Andyfez Posted May 31, 2023 Author Share Posted May 31, 2023 Sorry I meant within Thailand.... Link to comment Share on other sites More sharing options...
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