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Hi Guys,

I read an article a few months back  see linkhttp://www.moneyweb.co.za/moneyweb-investment-insights/save-until-your-kids-are--50

I am thinking about doing something similar, My son is 2 months old and this would be the perfect opportunity to save some spare cash for my son.
I worked out that a once off investment of R1000 over 50 years @ 15% return ( inflation inc ) would yield R 1 000 000 or 1 Million, which I worked out to be worth 55k  devalued at 6% over 50 years.

so how do i go about this , is it feasible , how can i ensure that my kid(s) dont use the money before hand.

1. should i invest in a unit trust ( allan gray or coronation )
2. EFT's  , what are my options here ?
3. Buy blue chip stocks ?

I fully agree with P. For your purpose, Satrix is the way to go.
You can also substantially increase your gains if you buy at the correct times. For instance, the Satrix Indi ETF is too expensive right now but remains the best performer over time.
If I could, I would switch most of my stocks to SATRIX.

I second the ETF route. Just keep in mind it is not a do once-and-forget thing. Learn all about it and compare. Be active.