Every parent wants the best for their child. Parents are responsible for providing an appropriate standard of living and ensuring that their children receive a basic education. Investing in your children by providing the best education you can afford is not a terrible notion. However, do not expect anything in return or rely on them when you are older, as they may not be what you expect. In my opinion, parents should rather start a business or invest their money in something that is likely to produce a substantial profit. Parents cannot ask their children to turn over the products of their own effort to repay you for bringing them into this world.