Is there such a thing as a Child Trust Fund that actually MAKES money?

[RambleOn]

Instead of losing it?

Every time I get a balance from my CTF provider, its value has gone down further.

ie. below the amount which was initially deposited.

Perhaps I am expecting too much in this economic climate.

What's the betting that the Chancellor announces an increase in the CTF vouchers in the next budget, as a furtive way of propping up the financial institutions?

hmm. i've stopped putting any more money into mine for now (which is probably daft actually but i want to save up for a bathroom) but i reckon by the time the kids get their hands on it it'll be worth more....and that's what matters.

If it's a stocks and shares one, then of course it will be losing money at the moment.

BUT (this is what I am telling myself anyway to make myself keep up the payments in) it's for the long term, you aren't going to be accessing that money for the next 10-plus years. Also, given the appalling state of the stock market, perhaps now is a very good time to be buying shares? The prices are rock bottom, and over the next 10-15 years they MUST go up, surely? Historically shares have always done better than cash over long periods.

Just got the 1st statement for DS's account and the value has decreased. Bit annoying but TuttiFrutti is right, by the time he is 18 it will be better.

TuttiFrutti, that was my plan exactly for DS2. I am currently contributing £50 a month into DS1's CTF and although money is tight I want to do the same for DS2. With DS1 I opened up a stakeholder a/c for him with one of the main providers (from a leaflet in the Bounty pack i think) but with DS2 I figured it would make sense to go for a higher risk shares a/c whilst shares prices are low.

Have searched on the internet but as I wouldn't consider myself very financially savvy I'm a bit confused how to find a CTF so that poor DS2 won't end up with pittance in 18 yrs time!

Can anyone recommend any providers or point me in the right direction please?

We have used F&C and have found them to be very good, we didn't know where to go but by chance read the financial bit of The Sunday Times and there financial expert was investing with them, DD's made money last year and we have just started DS's in their Pacific trust.

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has anyone made money in the jump trust fund (witan fund)?

that's the one I'm considering....

Aarghh Starlight don't say that!! the thought of either of them doing that to me, I will tan their (18 yr old) behinds

Thanks for the suggestions

absolutely starlightmckenzie. I put nothing in the dd's accounts and save elsewhere for them.

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