<prompt> Human: My kid is arriving any day now and i want to start investing for her. I dont want a 529 and am wondering if we can setup a Roth IRA in her name once she has a SSN? If not can we setup an account through Vanguard and contribute for her so she gets a healthy 18 years of investment and compounding interest. Has anyone else gone through this and what can you recommend to me and other future parents?TL;DR: What is best investment option for unborn child for next 18 years.  <response>: The best investment plan for a child is a 529. Lol. 