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Best teenage investment / savings accounts?

My in-laws have £5,000 to invest for both of my teenage kids, the questions is where to put it? The kids want it tied up until they are 20 which is 3 and 5 years respectivley. We may also like to add to it along the way. Any suggestions?

Comments

  • dunstonh
    dunstonh Posts: 119,991 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    bit tight for investing with 3 years. 5 years is ok but if you want the same for both, then you should probably stick with deposit based accounts.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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