Originally Posted by John Doe

Kmay--aren't you still in HS? If your college isn't funded I would put the $ in an ESA. If college is funded, I would put it in a Roth IRA. If you are the beneficiary of a significant trust or receiving the max UGTM amount from several generous relatives each year, go for it, and get your self a Van Staal fishing reel while you are at it (sorry Hatt )