Baby daughters savings

C

chippy

Registered User
Messages
99
Hi everyone,we have opened an high interest savings account for our baby daughter,child benefit,money gifts etc are deposied into her account.My question is would anyone know of a suitable long term investment plan that would benefit our daughter in the long run.Any answers gratefully received,Chippy
 
Are you looking for a term deposit that covers 3-5 years or an investment product?
 
There is another thread running in this forum at the moment ' savings account for a child' which might be of help.
 
chippy said:
Hi Fungus,yes i was thinking along the lines of a long term investment.Any advice appreciated.Chippy
Click to expand...

Your options for savings accounts ...
5 Year Term Deposit: Best on offer is 4.27% with First Active
3 Year Term Deposit: Best on offer is 5.00% with Anglo Irish
On Demand deposit account: Best on offer is 5.50% with Anglo Irish
 
For a long term investment you should at least consider non deposit options. This topic is covered in many other threads already.
 
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