Investing For Your Kids

[nomad]

In our country, you can buy stocks, mutual funds, and real estate in the name of your kids. This investment would be transferred after the kid becomes 16 years old. Have you invested for your kid?

 

[Shavkat]

My younger sister does this to her son. For me, I will not do it because I am single without offspring.

 

[King Belieal]

The best investment I think that I would leave for my kids would be real estate. It would even outlast them and get to their own kids if they manage it well.

 

[Sanjeev]

I also have invested in mutual funds for kids. I don't have enough money to buy a property for my kids.

 

[cherry123]

It has always been a wise decision if you can get an investment or investments down for your kids.

 

[Sawe]

That is a good parenting and investment strategy. You ensure that your kids have a financially secure future before they even know it. I will try this out with my kids, I think they will be so grateful you did this for them.

 

[Fidelia]

I think that it just makes sense for people to have some investments for their kids. It would really help them to start with a foundation.

 

[Hate2Wait]

There are different Life insurance plans and other investment schemes and even bank receipts which we can try if we don't like to take risks

 

[eldavis]

I don't have kids yet so I have not started investing for them yet. Though I know I can start making arrangements now.

 

[freelancermaria]

If I were to have children, I would invest in their future. I do not want them to experience financial hardships, so I will do everything in my power to support them.

 

[Cam]

I don't have children yet, but this is definitely something that will be on my mind. Gotta figure how to pay for college!

 

[Kera]

If I were to have children, I would invest in their future. I do not want them to experience financial hardships, so I will do everything in my power to support them.

The hardship is that we experienced in life are things that we should ensure that our kids don't get to face them.

 

[Rubz]

I don't have a kid but i would invest for my kids in the future so they won't struggle a lot when they are grown.

 

[Niyi Briggs]

Every responsible parent should invest for their kids. A parent owes the kids the responsibility to set up life for them.

 

[Ratine]

I had started saying for my children long time ago when l was still working. However for now l really find it difficult because l don't have income plans.

 

[Starmix]

I am not yet married so no kids, but my married siblings invested in mutual funds and insurance for their kids.

 

[Stardom22]

I am still on the process of making things together so that l can start the investing journey.

 

[Starmix]

If you're married and having kids try to invest on mutual funds for their college education.

 

[Hate2Wait]

I think same is possible in India and other countries too but they need to name a legal guardian till the kid attains majority