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Original poster

cash invested for 7 year old

2 replies

jollymum · 01/02/2006 07:12

I have £300 to invest for my 7 yeasr old. Want best interst etc and not touched until at least 18. Ideas pleas, helpful mnetters!

OP posts:
Twiglett · 01/02/2006 07:35

put it in a tracker isa in your or DH's name (If you haven't used up your allowance)

a tracker ISA invests in the stock market (I would personally go for an all share index like Legal & General or Virgin)

funds can go up or down but over a decade you'd most probably beat any building society .. depends on your attitude to risk

Original poster
jollymum · 01/02/2006 12:31

bump

OP posts:
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