non-alpina related question: child trust fund

Ok we have one - here's an opportunity to have one - if you got a point of view about something and want to share it - here's where you do it.
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vblanche
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non-alpina related question: child trust fund

Post by vblanche » Sun Mar 18, 2012 11:16 pm

Basically, I'm wondering if it is worth to open one these days.

anyone could comment?

many thanks
vincent
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ali
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Post by ali » Mon Mar 19, 2012 12:28 am

My youngest just turned 8 a couple of weeks ago. Her trust fund was started off adn had £250 put in it by the goyernment.
7 years or so later it's worth £263
Thats why I haven't put any money in it as I make more keeping it elsewhere
I can't cash it in or change it So when my little un becomes 21 she will get about £300
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vblanche
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Post by vblanche » Mon Mar 19, 2012 5:20 pm

basically, you're telling me that these financial products are crap, better investing in something else...

Is there anything giving back 3-4% (or more)?

thanks
vincent
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ade and liz flint
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Post by ade and liz flint » Mon Mar 19, 2012 10:26 pm

vblanche wrote:Is there anything giving back 3-4% (or more)?
Some cash ISA's (Lloyds TSB I noted today, others are available!) are offering around the 3.5-4% mark, tied-in for 2 years. Exact rate depends on how much you invest :wink:
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B10BRW
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Post by B10BRW » Fri Apr 20, 2012 1:17 am

vblanche wrote:
Is there anything giving back 3-4% (or more)?

thanks
vincent
Try Investec, 6% at the moment.
It's for real, just had an investment mature with them @ 6% :D :D

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