Investing for your children?

[stef]

Hello,
I am thinking about opening a bank account for my 2 years old girl, her piggy bank is full, also her grandparents would like to send some cash from time to time.

Does anybody know of a good option? Otherwise, what I’d like to do is investing this money in a VT-like fund but my broker (IB) has relatively high inactivity fees and (afaik) no real multi-user option to split investments.

[yetanothername]

The main problem is keeping the funds separate for each child. This can be solved in many ways.

You can

• buy a fund similar to VT at your existing broker and keep it apart for her eg VWRL
• open an account at another, preferably free broker account like DeGiro and do the same (I have referral codes if you PM me). Use VWRL which is free to buy
• Open an Avadis fund plan per child, which has already been mentioned here in the forum. Their funds and higher fees but are less volatile. And you get a tax statement. Very easy

Related post: Alternative to VT

[rolandinho]

Maybe something useful in here?

https://forum.mustachianpost.com/t/how-to-invest-for-my-children

…or here

Investment Account for Goddaughter

Hi All, My goddaughter is turning 1, and I am thinking of gifting her an investment account…nothing big (like a few hundred francs), but something I can contribute to on each birthday so when she turns 18 she will have a nice nest egg I’ve done some research andthe only genuine “gift investment account” options are from UBS and CS, which have crappy and expensive funds. As a result, I’ve come to the interim conclusion that it would probably make sense to just open an a…

[Stach]

Relevant video (German) from last weekend

Geldanlage für Kinder: Richtig sparen und anlegen fürs Kind! | Finanzfluss

[stef]

thanks guys, I’ll have a look.
I also need to check the other posts, missed them.