Australia's largest stock trading and investment forum Australia's #1 stock forum

Setting up an investment for the kids, page-4

First 4 Last

Share
Profile

Follow
aimone

53,905 Posts.

60

09/12/14

22:48

Post #: 14435519
Share

Originally posted by BigLeon ↑

I'm due to have my first child in March, and looking to start putting money away for when they're 18 (or probably older and more responsible). As far as I can tell there aren't really any good tax-beneficial investments to slowly save? If I start with $5000 and put away $100 a week at 10% (just put it in the index) will be around $300k by the time they're 18... put this in the wife's name for tax purposes as she doesn't work right now.

Is there anything better I can do or is this pretty much the limit of my options?

Expand

put some in a silver etf

put some in a uk housing unit trust

put some in a smsf
Upvote

Reply

Top Stories

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Most investors will get this earnings season wrong. Will you?

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

First 4 Last

SPONSORED BY