Joined: 12 June 2005 United Kingdom Posts: 7912 Gender: Female
Posted: 19 August 2005 at 6:59pm | IP Logged
weve got a friend who a financial advisor-hes just had a lo too he is suggesting different options with varied risks! dh will decide ultimately cos i have no brain!
Joined: 17 June 2005 United Kingdom Posts: 560 Gender: Female
Posted: 19 August 2005 at 8:36pm | IP Logged
We still havent decided, will most likely ask my brother and brother in law for their advice as they both are in the financial game and invest on peoples behalf, so im hoping they will give me a clue.
should really hurry up though as i feel bad leaving it so long already.
The general advice is to do something with the money and if you are not sure just to go for a straight savings account with either The Ipswich building society or Nationwide building society as they offer the highest interest rates.
Joined: 17 June 2005 United Kingdom Posts: 5013 Gender: Female
Posted: 20 August 2005 at 4:39pm | IP Logged
I put Louis with the childrens mutual through Boots, only because they were the only one offering an additional account for other siblings who missed out on the trust fund voucher
Joined: 11 June 2005 United Kingdom Posts: 8780 Gender: Female
Posted: 20 August 2005 at 4:52pm | IP Logged
I'm gonna go with a straight savings account, with the nationwide, that way lo will still get it! You never know what the stocks etc are going to do, you might not get much extra but it's better than nothing
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Topic: CHILD TRUST FUND
