I have just received the voucher to set Josh's CTF up.
Ollie's is in a stocks and shares policy with Childrens Mutual am I am tempted to go the same way again but figure I ought to check out the options before doing so.
I started this little quest though and realised that it is a minefield. Loads of providers and no reliable review sites. The only reviews I can find around share based funds are ridiculous; people who invested two years ago and are "disappointed" that the policy is not making them money; what do they expect?
http://www.reviewcentre.com/reviews88778.html
a. it is a long term investment which doesn't even become touchable until the child is 18
b. we are in challenging economic times so funds are finding dramatic returns a little challenging at the mo..
I am also wondering if I even bother with onward investment into the CTF; would I be better off investing on a more regular basis for the boys in a child's ISA or such like?
If anyone can offer me some words of wisdom, it would be much appreciated?
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