There's been a couple of bloggers out there who have posted on what they would do to help their parents invest their money.

I've been thinking over the past few weeks on what I should do with the angpao savings my son received from families and friends during his birth and the 1st month baby shower. The savings amounted to around S$6,200 for now and the objective is to pay for his college and university school fees when he matures later.

There are a couple of choice which has been lingering on my mind. The one thing certain is he has a longer time horizon (around 20 years) and the argument is he can stomach more risky investment. Still, I am not sure if that is going to be the best option.

I was planning to open up a junior savings account for him. My idea was to put in these sum ...