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Long term child investment.
Viz_2
Posts: 720 Forumite
Hi guys.
I currently pay £65 a month into a Halifax savings account for my daughter. I would now rather invest in a long term fund of some kind to give to her when she reaches 21 years old.
She will be 3 in June and has around £3500 split between the Halifax childs account and a Nationwide one.
Can someone point me in the right direction please.
I currently pay £65 a month into a Halifax savings account for my daughter. I would now rather invest in a long term fund of some kind to give to her when she reaches 21 years old.
She will be 3 in June and has around £3500 split between the Halifax childs account and a Nationwide one.
Can someone point me in the right direction please.
Never buy a stupid dwarf -
Its not big and its not clever.
Its not big and its not clever.
0
Comments
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..* Bump *..Never buy a stupid dwarf -
Its not big and its not clever.0 -
childrens bonus bonds are pretty good.. - they automatically come under her control at 18.. but they can be left in the account until they're 21 when they mature and recieve a bonus and are then released for whatever you want to do with them..
My great grandma used to buy me 1 £25 bond every 3 months (each of her great grandchildren in turn got one bought..) and they're worth quite a lot now..
but there might be better options..0
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