2007-10-07 07:12:59 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
We need to have more info inorder to answer this guestion properly.
What is your county of citizenship?
Is this trust fund in existance already? Did someone already name your child or you in a trust fund?
Or is this just money that you have in savings and would like to invest somewhere for your baby's future?
2007-10-07 07:30:45 · answer #1 · answered by Richard Jackel 3 · 1⤊ 0⤋
In those a/c the money will stay invested for no less than sixteen years and any interest or dividends would be tax unfastened. I subsequently propose making an investment it in intense some yielding, intense high quality shares, notably in case you are able to suitable it as much as the optimal. This of direction is composed of a few possibility and once you are the demanding type, make investments it rather in a intense interest construction soc. toddler Fund. If the interest cost averages at 6%, in 18 years, that £250 will grow to be 714 and in case you upload yet another £250 each and every 365 days this is going to grow to be £8,a hundred ninety.
2016-10-21 08:41:03 · answer #2 · answered by abdulla 4 · 0⤊ 0⤋
Open a brokerage account at Zecco and invest in the ETF IOO.
2007-10-07 08:15:15 · answer #3 · answered by Anonymous · 0⤊ 1⤋
I went with the government trust fund.
2007-10-07 07:20:56 · answer #4 · answered by Sal*UK 7 · 0⤊ 2⤋
I've just had this problem and it should not be as difficult as it is!
The Post Office, Alliance & Leicester and a few other depositors will take your money if you have more than £5000 per grandchild. Please let me know if you find others.!
You woukd think that saving woud be encouraged!
2007-10-07 07:27:34 · answer #5 · answered by Anonymous · 0⤊ 1⤋