There is no best method, but a method that you are able to stick through it.

As for me, this is what I have done for my kid:

i) My wife and I both opened a SSPN a/c RM 3Kx2 p.a. mainly for tax benefit. By the time my kid reach IPT level, it should have abt RM 100K, ready cash

ii) Bought a Med Card (very important, you will definitely need it, cost of paying hospital bill is more than annual premium of the card, this I guarantee)

iii) Bought a Investment Link Life Assurance with Critical Illness Rider under my kid's name. I selected aggressive fund to maximize the rtn. Should have abt RM 60K Cash value by the time my kid reach IPT level.

iv) Continue to invest in equities on my own.

v) Withdraw from KWSP a/c 2 if there is any shortfall in the future.

vi) Avoid unnecessary big ticket spending. Bye bye to LV bags, no more Dunhill wallet or Tag Hauer watches or Starbucks... hello kopitiam.

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Gosh, I only have one kid. If I ever have an additional one, it will be back to the drawing board for me. Planning is the key to success.

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How so?

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What does investment by self regenerating. mean?

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Nope, not into funds. But buy the KLSE share directly.

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I will want my kid to take up some professional program and work along the way. (CIMA, ACCA, CFA, CIM MAICSA etc)

This way I believe he/she can be exposed to the intricacy of working life as early as possible.

And if he/she is up to it, then can apply to do masters after a few year of working to enhance his/her marketability.

I do not wish for my child to be all academic but do not have real life experience as evidently many Masters holder nowadays.

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