Putting child benefits in kids stocks and shares

[BeAmberReader]

Currently I'm just putting it in an account. Would it be worth putting it in a Hargreaves Stocks and Shares?

No one can predict the future accurately but I'm sure posters will come and tell you historic comparisons of interest rates and general stock market returns for defined periods, it's probably quite easy to Google them but it won't tell you what's going to happen

Yes, presuming it’s a long time until you plan to withdraw it, it’s almost certainly the best choice.

Yes, this is what we did many years ago and our adult kids have a nice nest egg now.

I wouldn’t use Hargreaves though, their fees are quite high compared to others, look at alternative providers such as Interactive Investor, Vanguard, AJ Bell.

We have been with Hargreaves many years but have slowly been moving our money as the fees can get extortionate.

Make sure that you invest monthly, as this will help smooth out the peaks and troughs of the stock market. There will always be times when stocks rise or fall, but investing monthly helps to smooth the fluctuations out.