make your child a millionaire

lynn_m21 · 30 September 2007 at 9:22PM

Is anyone doing this?

http://www.fool.co.uk/10steps/financialfreedom/9.htm

It suggests a tracker, what is one of them then?

If anyone is investing for thier children's retirement, i would love to know how you are doing so.

Thanks

Lynn

Jim_B_3 · 30 September 2007 at 10:19PM

A tracker is any one of a number of stock market investments that broadly track a section of the market; essentially, you chuck in your money and the fund splits it between a number of different companies for you. If you had a FTSE100 tracker, your money would be split between shares in the companies in the FTSE100.

Over the long term, the stockmarket does better than straight savings and property.

make your child a millionaire

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