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I want dd to start investing in stocks and shares how do we go about this she is 11.

8 replies

Fragolino · 23/09/2018 09:20

She has a cash isa.
I want to move some money into junior isa stocks and shares.

But in addition to that she has a little savings book with 200 in it.

I want her to put 100 into something... So she can see her cash in her building society book and see her stocks and shares account too.... Learn about funds, markets and also see them go up and down.

So something she can see on line. It's more of a learning excersise really... As her real money is in the isa which she can't touch until 16? 18? Thanks.

OP posts:
Fragolino · 23/09/2018 09:24

And... If anyone can give any tips on how good junior stocks isa that would be very much appreciated too.

OP posts:
Fragolino · 23/09/2018 18:01

Hopeful bump for the pm crowd

OP posts:
MrsPussinBoots · 23/09/2018 18:11

True Potential do a JISA that you can monitor online or via app. You can choose one of their managed portfolios or find pick yourself. I think the charges are fund charge plus 0.4% platform fee. Something for you to investigate.

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fiorentina · 23/09/2018 19:05

Someone like Hargreaves Lansdown offer one from as little as £100. www.hl.co.uk/partners/search/junior-isa?theSource=PCGJO&Override=1&adg=G+JISAO+SJB+PPC&gclid=EAIaIQobChMIj57LmdvR3QIV2YbVCh2KwgJMEAAYBCAAEgKfAvD_BwE

Passthecake30 · 23/09/2018 19:07

If the £100 you want her to invest is her money, and there's a risk of losing it (sorry, I know nothing about this!) then I don't think it's fair to dictate what she does with it.
But if you are that keen then give her some more funds to play with?

Fragolino · 23/09/2018 19:09

Thanks.

I do want her to have a junior isa but what I want is something else...

Just for fun and learning really not serious saving. Just something for her to manage.
. Her actual junior isa will have a few grand in so not playing around money.

I know there are lots of cards now for dc and Henry things.. I wondered if there was something like that for stocks and share accounts..

OP posts:
Fragolino · 23/09/2018 19:34

Pass its her money in her book that I have put there.

OP posts:
MrsPussinBoots · 24/09/2018 10:13

True Potential do a General Investment Account too. Works exactly the same as the JISA but without the tax wrapper. All online.

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