"Mustachian" new bank account for newborn babies

[Dr.PI]

Investing for your children?

Hello, I am thinking about opening a bank account for my 2 years old girl, her piggy bank is full, also her grandparents would like to send some cash from time to time. Does anybody know of a good option? Otherwise, what I’d like to do is investing this money in a VT-like fund but my broker (IB) has relatively high inactivity fees and (afaik) no real multi-user option to split investments.

How to invest for children?

Hello - i have been saving 200 CHF a month for each of our two children in our bank account. UBS of course picked up on this and convinced us to redirect these funds to a Children’s Investment Fund. We did not know much about standard commissions and fees but after reading a bit more about this, we are convinced there may be a better way to invest their money. Does anybody have any top tips here? thanks!

Create a pensionfund for your newborn

The other day I’ve read an article about a suggestion from an invest manager in US to get a birth right for each individual born in US in this case of having a fund open in a low cost Index fund of 6.7K$ (not remembering the right figure). He foretasted that at the time of pension you will be millionaire and therefore (you do not really need to have a financial social system to support your old generation over the life time. I was thinking to do it for my kids . What do you think? → not really…

Me and my wife decided not to create any accounts on our children’s names.