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make your child a millionaire

lynn_m21
Posts: 17 Forumite


Is anyone doing this?
http://www.fool.co.uk/10steps/financialfreedom/9.htm
It suggests a tracker, what is one of them then?
If anyone is investing for thier children's retirement, i would love to know how you are doing so.
Thanks
Lynn
http://www.fool.co.uk/10steps/financialfreedom/9.htm
It suggests a tracker, what is one of them then?
If anyone is investing for thier children's retirement, i would love to know how you are doing so.
Thanks
Lynn
0
Comments
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A tracker is any one of a number of stock market investments that broadly track a section of the market; essentially, you chuck in your money and the fund splits it between a number of different companies for you. If you had a FTSE100 tracker, your money would be split between shares in the companies in the FTSE100.
Over the long term, the stockmarket does better than straight savings and property.0
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