Saving $100/month for my child to have at 18. Am I better off using a separate savings account under my name or opening a taxable brokerage account?

I already have a 529 open for my child and contribute 400/month.

But I also want to save $100/month for him. So when he turns 18, he can either buy a car, have a potential down payment on a piece of property, etc.

Which one is a better idea? I definitely want it to be in my name for when college loan time comes.

Thanks.

Submitted August 19, 2017 at 01:21PM by bickyrobbie http://ift.tt/2vcjWmY