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Community Forums => The Lounge => Topic started by: MPOWER on June 20, 2012, 09:36:35 PM



Title: Savings for Kids
Post by: MPOWER on June 20, 2012, 09:36:35 PM
Wanting a Long term investment for my kids

they are 9&6

Any ideas please?

We have been told they cannot have an isa because they have the Gov savings bond when they were born.

Not needing any access and willing to take apunt for a higher return.

Regards

M


Title: Re: Savings for Kids
Post by: Longy on June 20, 2012, 09:40:02 PM
http://blondepoker.com/forum/index.php?topic=58172.0

Long term investment imo.


Title: Re: Savings for Kids
Post by: MPOWER on June 20, 2012, 10:12:16 PM
http://blondepoker.com/forum/index.php?topic=58172.0

Long term investment imo.

Thought about short term Roulette

Regards

M


Title: Re: Savings for Kids
Post by: ScottMGee on June 20, 2012, 10:38:36 PM
Main choices are: -

Child Trust fund
Unit Trust under Bare Trust for the kiddies
ISA in your own name simply 'earmarked' for their benefit

I am an IFA you want some specific advice rather than generic guidance.


Title: Re: Savings for Kids
Post by: Doobs on June 20, 2012, 10:57:42 PM
You can just add to the child trust funds you have already


Title: Re: Savings for Kids
Post by: MPOWER on June 20, 2012, 11:22:36 PM
Main choices are: -

Child Trust fund
Unit Trust under Bare Trust for the kiddies
ISA in your own name simply 'earmarked' for their benefit

I am an IFA you want some specific advice rather than generic guidance.

Can you give me a call please?

Regards

M

 


Title: Re: Savings for Kids
Post by: istrabraq on June 21, 2012, 04:52:21 PM
Premium bonds are great and have chance of winning prizes every month .


Title: Re: Savings for Kids
Post by: MPOWER on June 22, 2012, 10:53:49 PM
ScottMGee Thank you for some good advice.

I will go for something you recommended

Anyone with £££'s to invest should give him a call



Regards

M