A bit of advice please - policy maturing

atush

pipkin71 wrote: »

With the junior ISA, would my daughter be able to access this whenever she wants? I would prefer she didn't have that temptation.

My comments were based on you both agreeing.

If you don't, your options are limited. If the check is on your name, invest it and give it as you see fit, if in her name, get her to put it in a long term fix (but I prefer equities).

pipkin71

atush wrote: »

My comments were based on you both agreeing.

If you don't, your options are limited. If the check is on your name, invest it and give it as you see fit, if in her name, get her to put it in a long term fix (but I prefer equities).

Thanks atush. We both agree on investing, just the age at which she can then have the money differs.

Thank you for your help, it is appreciated

atush

explain to her about investing, and that there is a 5 yr minimum, and most would say you should be prepared to leave investments (as opposed to cash) for at least 10 years (as that is the approx length of an investment cycle.