<prompt> Human: My son 1.5 years old has received roughly 500 from his first birthday and Christmas. I currently have the money sitting in a custodial Ally savings account but I feel like I should be able to do better than 1.2 interest, especially since he wont be touching it until hes 18 maybe 16 for his first car.Some additional information: - Im already funding a 529 for his education. - I looked into opening a Roth IRA for him, but he doesnt meet the earned income requirement. - Ive looked into CDs, but the rates are that much better than a savings account - Id like the money to be liquid around when hes 16, but it doesnt need to bear before that Right now Im leaning towards a normal taxable brokerage account I havent researched this yet but Im assuming i can so as a custodial account.What other options do I have for investing this money for him?Edit: Just to clarify, I already have my own retirement investments and am doing quite well. I really want this money to be his money.  <response>: Buy an ETF in a taxable account. Or a few shares of dividend paying kid friendly stock Disney and do a drip. 