Children - How to Allocate When Child < 18 years old
Seeking some allocation information. I have a young child who is under 18 years of age. I have been seeking different investment options. The RESP and the child savings account are the main ones I have found.
The child savings account pays such low interest that inflation > interest paid and I was wondering if there are any alternatives that exist. There are traditional ones, where you allocate money in gold, silver, painting, etc but I was wondering if there are any other alternatives.