Long term investing for my baby

riskyb

Hi all,

In the current climate re university fees rising etc I would like to start investing for my 9 month old for university. So an 18 year time frame.

A bit about me - I currently hold an investment ISA with HL and most of my investments would be considered high risk (funds investing Brics, emerging markets and Natural resources). I am comfortable with this as I figure my 'safer investments' is the cash in my cash ISA.

I am aiming to start putting money aside each month for my baby in a one fund and was inclined to do so in one of the funds I am already invested in. However I figure its time to be open to new ideas which to research.

So moneysavers - what funds do you currently put money into for your childrens future and why?

Cheers
B

sunil1234

My 3yr old has a sipp with money going into Aberdeen EM at the moment and my 4 month old SIPP into First State Global EM leaders. Once those build up a bit I will add another choice. I only aim to put 10k or so in each to start with and then see how they go. Bloody government taking away child benefit which is what should be solely funding it :-(

I invest in these too in my ISA and sipp amongst others

riskyb

Hi Sunil1234

I have both these funds in my isa / sipp. Why did you change from Amerdeen Em to First state global EM leaders for your 4month old?
Also as I was thinking to invest for my 9 months old university then I will have to do it via my ISA for now (worried about doing it via CTF in case they want to spend it on dodgy things when 18, aothough the CTF currently has £500 in Aberdeen EM). If I ever end up with loads of cash I will think about starting a sipp too.

sunil1234

riskyb wrote: »

Hi Sunil1234

I have both these funds in my isa / sipp. Why did you change from Amerdeen Em to First state global EM leaders for your 4month old?
Also as I was thinking to invest for my 9 months old university then I will have to do it via my ISA for now (worried about doing it via CTF in case they want to spend it on dodgy things when 18, aothough the CTF currently has £500 in Aberdeen EM). If I ever end up with loads of cash I will think about starting a sipp too.

just thought i would give them something different, as time goes on i will change stuff around to try and keep it fair if one seems to be getting away.

Yep put it in the ISA if you want it for when they are 18 (depending on how they behave!). Mine is in the SIPP so they cant squander it. They can fund their own ISAs when they get a job lol;)

riskyb

Hey Moneysavers,
any more takers??
Thanks

cloud_dog

riskyb, I would be tempted to go with your original suggestion of mirroring or using a fund you currently invest in.

My reasoning is that you will in all likelyhood be monitoring your own investments and if you decide a fund is not performing or if there is another area/sector you want to get in to then you would just duplicate this for the two accounts / investments.

I run a similar thing for my child where I invest directly in shares (SelfTrade CTF) and I have favoured stocks which I hold and trade in and out of (CEY and POG being the primary ones). All I do is if I decide to trade out of one (or reduce my holding) I will do it for both accounts.