I have about $10K in my bank account that I have saved for my child from government FTBs received for a few months.
Instead of using them to pay off mortgage or other living costs I decided to invest in share and give him back when he needs seed money or education say in 10-15 years?
I don't expect it to be a multibagger but just don't know to put in saving account with no to little growth.
So considering dividend (DRP) and future growth which share do you recommend to put the money in?
I am thinking of FlightCentre (a bit risky but have rooms to grow in future) or NAB (for safety and dividend).