Investing a small lump sum and then monthly amounts

mloc

Registered User
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We have credit union accounts for the kids into which we put €150 a month towards college etc. I don't think this is the best place for the money to grow.
Can anyone suggest a good place to put in an initial lump of approx €5000 and then monthly savings of €150. We won't need this money for another 10/12yrs so I don't mind locking it in somehwere for a better rate.

Anybody any ideas?
 
Hi
I asked a similar question about monthly sum if that is any help to you, see thread below on 'investing children's allowance'
HTH
Folly
 
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