Child Trust Fund

cheggers

I am due the £250 Child Trust voucher soon.

I am was wondering where everyone else on the site has invested there money so far and why? Also have you added any more money into the Child Trust fund since you got the £250 voucher.

dunstonh

does it matter where anyone else has invested it? How do you know they got it right? How do you know if the risk they have or haven't taken is the same you would do?

There is a CTF thread stickied at the top of the forum. Take a read of that for more info. You also need to decide where you want to invest it or save it depending on your risk profile. Remember risk is also balanced over time. 18 months in the stockmarket is considerably higher risk than 18 years. Indeed, in the scheme of things, 18 years on a savings account stands more risk of not maintaining real value compared with the stockmarket. (stockmarket is only one example of risk, there are lower and higher risk investment areas).

cheggers

dunstonh wrote:

does it matter where anyone else has invested it? How do you know they got it right? How do you know if the risk they have or haven't taken is the same you would do?

There is a CFT thread stickied at the top of the forum. Take a read of that for more info. You also need to decide where you want to invest it or save it depending on your risk profile. Remember risk is also balanced over time. 18 months in the stockmarket is considerably higher risk than 18 years. Indeed, in the scheme of things, 18 years on a savings account stands more risk of not maintaining real value compared with the stockmarket. (stockmarket is only one example of risk, there are lower and higher risk investment areas).

I see your point, I would still like to hear where other moneysaving members have invested there £250 and the reasons behind the choice.

System

If you read this sticky at the top of the page it may interest you.

JasonG_2

As mentioned need to think of your attitude to risk, and if you wish to save or invest. The down side for most clients is that it is the childs money at 18. No debate.

From a persoanl point of view I looked at Childrens mutual, F & C and the share centre. I plumped for the sharecentre as I like to do my own investment within it. I also top it up in moderation as I do not like the 18 issue, if I had had some choice over age I would have put in the maximum.

Good luck.