<prompt> Human: My baby is the beneficiary of some petty golf betting and a small allowance from her mother and me. I want to invest this money for her over the course of the next 20 years. I want this to be a gift to her when we deem her responsible enough to use it wisely.Any suggestions on a way to invest, say monthly, while incurring minimum fees? I know that Capitol One ING has the automatic investments which incur zero fees. What types of funds should I look at?Im looking for all kinds of ideas here. Of course we can afford to be aggressive with these funds.  <response>: Try a 529 college savings plan. Being debt free on graduation or at least reduced debt is probably the best gift you can give your child. 