|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Investing



FAQ Members List Calendar Search Today's Posts Mark Forums Read

Investing General discussions on investing and investments: shares, bonds, commodities, forex, and funds.

Reply
 
Thread Tools
  #1 (permalink)  
Old 08-27-2007, 10:21 AM
Junior Member
 
Join Date: Aug 2007
Posts: 2
Default child investment

I wish to invest a small lump sum (£2000) plus a small regular monthly contribution for my daughter who is 10 years old in an equity based investment. Can you please let me know of any products that would be suitable.

Thanks
Reply With Quote
  #2 (permalink)  
Old 08-27-2007, 09:36 PM
brian's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 811
Default Re: child investment

Have you considered something like a Child Trust Fund?
Reply With Quote
  #3 (permalink)  
Old 08-28-2007, 07:49 PM
Junior Member
 
Join Date: Aug 2007
Posts: 2
Default Re: child investment

my understanding is that a CTF can only be opened for a child who was born after the date they started. However if I am wrong please let me know.
Reply With Quote
  #4 (permalink)  
Old 08-28-2007, 08:43 PM
brian's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 811
Default Re: child investment

My apologies - I read too fast.

It sounds like you'll want to consider something like a Mutual Fund, which are usually based on a whole mix of equities. Some Mutual Funds are even nothing more than investments in other Mutual Funds.

I think this is really something you're going to need a specialise investment broker to advise upon - but do watch out for fees and be very clear on tax liabilities.

Sorry that doesn't sound very helpful - not sure how much information I can give here.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT +1. The time now is 09:05 PM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2011 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us