We have saved up around £10k for ds, just putting money in a bank account every month since he was a baby. But even though its a high interest kids savings account the interest is now rubbish.
So im thinking of putting it in a JISA (maybe with Hargreaves landsdown because thats one ive heard of). Ive tried googling what to put it in but i completely dont understand funds and shares and sipps and global indexes and bonds and the more I've googled the more confused i am. Its like a foreign language where all the words mean nothing to me.
Basically what i want is for the money to grow. I want something not too high risk. I was thinking of spreading it into 3 or 4 different funds (?) but all within the same isa provider.
Id be very grateful for any idiots guide, or recommendations because i am lost. Thank you