What type of account is best for a £3,000 investment for a minimum of 1 year investment for a 15 year old child?

by , 3 months ago•Open Question
Related:Personal Finance•Money•Savings Accounts

Answers (2)

you should look at a junior ISA for this.

by HSP, 3 months ago

Yes, I'd agree with that.

by fruitcake, 3 months ago
report post•1 thanks

Don't forget that from ages 16 - 18, they can have two cash ISAs - a junior cash ISA and an adult cash ISA and thus save additional money. From 18 they lose the JISA and gain an adult investment ISA.

by G-Man, 3 months ago

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