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Can anyone advise about buying Chinese stocks for UK Children

I want to buy some shares in Greely (the Chinese Motor manufacturer) for my 2 sons aged 12 and 13.

Who can help, where can I go and what do I have to do?

Cheers

Paul

Comments

  • Jake'sGran
    Jake'sGran Posts: 3,269 Forumite
    Send an email to The Share Centre (Share.com) and ask, but I am pretty sure that your sons cannot have shares in their own name until a certain age, 16 or 18 - not sure. My grandsons are 16 and 18 and I seem to remember wanting to buy shares when they were young but was not allowed to. Perhaps you could buy them in your name and transfer them when they are old enough. I did invest in an Investment Trust when they were young but their Dad's name had to be on the document as well as theirs. It's good to save for children. You also invest in a unit trust or OEIC. Some of the big companies have schemes for children. People like Fidelity, M&G but there is usually a minimum monthly amount. Have a look at the web sites of these companies.
  • purch
    purch Posts: 9,865 Forumite
    Think and Grow Rich :rotfl:

    If you are pimping this website I would have thought you would know the answer already...........or doesn't the Book tell you this stuff ???
    'In nature, there are neither rewards nor punishments - there are Consequences.'
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