Catso,

If you have spare cash, this would give you direct control of your investment under your own name. There are other options (you might have done this already, but it's worth repeating just in case and for others).

- TFSA: The tax-free savings account. The 5k (max) per year contribution is still under your own name, tax free upon withdrawal, if needed.

- RESP: This could be set up (presumably for each child). Also, presumably stocks can be purchased for the child, with you having the authority to manage the account. You might want to check to see if stocks are allowed in this kind of portfolio and the tax implication.

Congrats! Bet that the big sisters are now fussing over the new arrival, leaving you sipping iced caps while watching hockey games in piece. At least once in a while?

goldhunter