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Something for the future that I could pass on to my favourite grandson

2006-08-09 09:46:43 · 9 answers · asked by Mogo 1 in Business & Finance Personal Finance

9 answers

Buy a premium bond in his name for £100 so he can hope. You never know!

Put the balance in a stocks and shares mini ISA invested in a good equity income fund. This will pay an increasing annual dividend, which will grow at compound rate, tax free.

It will help with university fees or deposit for a mortgage one day, or even a pension at 65.

2006-08-09 14:06:49 · answer #1 · answered by Anonymous · 0 0

You could give it to me, I'll drink it all down the pub, then in the future I'll have a hangover and I'll most probably vomit, and if your grandson is in close proximity it'll pass all onto him!

2006-08-09 09:53:53 · answer #2 · answered by Kango Man 5 · 0 0

Congratulations first of all... Premium bonds look good and so do the isa things. have a look at them on nsandi.com ...or you could send me £500 so I can move house to be closer to my children??? NO? Oh well it was worth a try!! hee hee hee

2006-08-09 09:54:01 · answer #3 · answered by beckywecky 3 · 0 0

Try buying some premium bonds, you can cash them in at any time so you havent lost anything but you can win up to £1000000 a month, i have some, good luck.................

2006-08-09 09:56:26 · answer #4 · answered by spud 3 · 0 0

help a ftb put down a deposit on a house and when they sell or buy you out reap the rewards

2006-08-09 09:53:25 · answer #5 · answered by lizzie 1 · 0 0

a years supply of Newcastle brown ale.

2006-08-09 09:51:25 · answer #6 · answered by Gypsie 5 · 0 0

premium bonds

2006-08-09 10:11:55 · answer #7 · answered by Anonymous · 0 0

child trust fund, if hes young enough he should have one already otherwise i think you can open one.

2006-08-09 09:52:10 · answer #8 · answered by muffinplattsie 3 · 0 0

BONDS

2006-08-09 09:50:42 · answer #9 · answered by Ollie 7 · 0 0

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