Regards.
Safe bank account is in a CD insured by the FDIC up to
$250,000 but, the interest is very poor, around 1% You
would do a lot better with a 529 plan from your state.
There is some risk but, over the long term , you would
get a much better outcome.
If your daughter has a checkings account along with a debit card, I would advise that you deposit the funds there.
As per me moneyseed service is the best option for short term delivery call.I started my journey with them since 2013 march.Now 1 year completed.Now my capital is almost trippled.from 1.8L to 5.2L.You can try with them.Visit their blog
www.nifty-intraday.blogspot.com.
I wish to deposit some amount for my daughter,can somebody advise which is more safe and attractive scheme available?
Regards.
