Child Trust Voucher - play it safe or take some risk?

[maggiethecat]

DD2's voucher is about to run out of time for us to invest and I am thinking of taking a risk and putting it in one of the investment funds. We put DD1's money in F&C stakeholder account and could do the same but I think we could do better over such a long term. Any views?

I think the moneysavingexpert guy recommends the investment funds because it's a long term investment. That was a year ago though, when I invested dd's; he may have changed his tune since the stock market started tanking!

Actually, if the stock market is tanking then it's a good time to put the CTF voucher into a shares account. That way, you get more shares for your money! And it's a long-term investment, so plenty of time to recover.
maggiethecat - did you know that you can move your DD1's money into something else if you want?

Thanks both. I've checked MSE site and am a bit concerned about the possible high charges for a shares fund. I know I can switch if I want to but then would still have paid charges I believe. Any good websites to find out more/compare charges?

When I sorted out DD's trust fund (over a year ago now, mind) F+C had low charges. There should be a comparison website, but I don't remember finding one.