Saving/ Investment for Childeren

mazibee

Hi All,

We have 2 kids, daughter turning 17 in few days and son aged 8.

They have saved money £1000 ecah and HSBS saving accounts in which they merely get few pounds every month.

Any suggesttions for best investemnet/ saving strategy (5Year/ 10 Year) will be higly appreciated.

Thanks in advance.

xylophone

https://www.gov.uk/junior-individual-savings-accounts

Your daughter might open a cash JISA for herself

https://www.coventrybuildingsociety.co.uk/consumer/product/savings/children/junior-cash-isa.html

You might open one for your son.

Vanguard offer a stocks and shares JISA which might suit?

https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa

https://monevator.com/using-vanguard-lifestrategy-funds-life/

mazibee

xylophone wrote: »

https://www.gov.uk/junior-individual-savings-accounts

Your daughter might open a cash JISA for herself

https://www.coventrybuildingsociety.co.uk/consumer/product/savings/children/junior-cash-isa.html

You might open one for your son.

Vanguard offer a stocks and shares JISA which might suit?

https://www.vanguardinvestor.co.uk/investing-explained/stocks-shares-junior-isa

https://monevator.com/using-vanguard-lifestrategy-funds-life/

Thanks for your reply.


There are so many choices in Vanguard which one to chooooose from any idea please which is the best.