It might not come with a shiny ribbon, but an investment fund could be the gift that keeps on giving. We share five ideas if you are investing for children this Christmas.
The article from MoneyWeek discusses various investment options for children during the Christmas season. It highlights the importance of starting investments early to benefit from long-term growth through compound interest. Key suggestions include Junior ISAs (JISAs), which allow tax-free savings up to £9,000 per year, and can be invested in stocks, shares, or cash. The article recommends considering funds like the Vanguard FTSE Global All Cap Index Fund for broad market exposure, or the Baillie Gifford Positive Change Fund for those interested in ethical investments. It also touches on the idea of gifting shares in well-known companies, which could be both educational and potentially profitable. Additionally, the piece advises on the educational aspect of investing, suggesting that involving children in the decision-making process can teach them about finance and investment. Lastly, it warns about the risks involved, emphasizing the need for a long-term perspective and understanding that investments can fluctuate in value.
Stocks & Investing
Wed, December 11, 2024 
