Child Tax Credits should i switch to a shares one even though the market is depressed?

[saintpeta]

I have two sons one who has a mixture of shares & savings and the other with just pure shares and the latter is performing much better even though i started it later. Any advice on which companies are offering good deals? thanks

do you mean child trust fund???
you have wrote child tax credits which is by the goverment and nothing to do with shares?

oh my...yes i do mean child trust fund oops sorry

perfect time to switch to shares - buy them when the market is rubbish, watch them grow!

CTFs are a long term investment so you don't have to worry about short term increases or decreases in the market - you're looking for a strong performance overall (assuming your children are little, which I assume they must be if they've got CTFs).

you can get ones which start off with shares, then move to more cash as your child gets nearer 18, to minimise the risk.

don't know about deals, we just went with HSBC.