How to give them a pot of £18k at 18!

Record numbers of Junior ISAs are being opened because parents understand how tough it is for young adults, and that it’s only getting tougher. Here Steps to Investing’s Marcus de Silva runs through 6 quick tips for using Junior ISAs

 

 

 

 

 

Time stamps:

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0:06 Why kids need financial help

1:23 What are Junior ISAs

1:52 Investing over cash

2:24 Don’t waste time

3:03 Diversify

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3:33 Costs are important

4:21 Keep at it

4:55 Educate using JISAs Don’t forget, investing involves risk, which means the value of your investment can go down as well as up, and you may get back less than you put in.

 

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The post How to give them a pot of £18k at 18! appeared first on USNewsRank.


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