Just read this article:
I dont want to talk about the political and AHV stuff. My wife is pregnant and I thought it would be a good idea to do this for my child.
Invest 15 000 CHF in an ETF via Interactive Broker and let it rest for 25 years. And after 25 years give it to my child which is hopefully able to let it rest furthermore. Even if not, after 25 years there should be a significant sum for whatever he needs in this age.
Which ETF oder Indexfunds works best for this idea?
I only invest in VT with reinvest dividends on. The problem is that after a time the Cash pile gets bigger because of a 200 USD dividend only 160 USD get reinvested (if VT price is 80 USD) and the rest stays Cash. I dont want a complicated calculation and the hassle for the baby ETF. So I am looking for an accumulation Indexfunds / ETF on Interactive Broker, low cost and similar to VT.
Do you guys know any good ones you use?
Thanks in advance.