We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Best place to invest £1000 for 17 year old
suenatal
Posts: 4 Newbie
My 17 year old has an endowment policy maturing soon and I wondered what would be the best way of him investing this in the current climate.
0
Comments
-
Is it really "investing" or, given his age, how about "saving", then that would allow him to use the cash at later date, perhaps for University etc?
If you did mean invest, as in stocks & shares, then he is not old enough yet, needs to be 18Numerus non sum0 -
Hi, no "saving" is the correct term.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.7K Banking & Borrowing
- 253.8K Reduce Debt & Boost Income
- 454.6K Spending & Discounts
- 245.8K Work, Benefits & Business
- 601.8K Mortgages, Homes & Bills
- 177.7K Life & Family
- 259.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
