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Investing for kids: turn pocket money into a portfolio

Investing for kids: turn pocket money into a portfolio

Season 11 Published 6 days, 5 hours ago
Description

When it comes to investing for kids, the biggest advantage they have is time.


But what is the best way to set it up?


We answer the flood of questions coming in from the Equity Mates community like whose name it should be in and what to buy.


We cover:

• Whether to invest in your own name or set up a minor trust, investment bond or super account.

• The tax rules parents need to understand.

• How we’d build a simple ETF portfolio designed for decades of compounding.


📈 Stocks and ETFs Mentioned: GHHF, DHHF, IVV, NDQ 


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Thanks to Saroj, Marty, Leonie, Lisa (both of them!) and Sam for sending in your questions.


Want to get involved in the podcast? Record a voice note or send us a message 


And come and join the conversation in the Equity Mates Facebook Discussion Group.


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Thanks to Betashares for sponsoring this episode. To find out more about Betashares Direct Kids Account's visit betashares.com.au


Betashares Capital Ltd (ABN 78 139 566 868 AFSL 341181) is the issuer of the Betashares Funds, as well as Betashares Invest, the IDPS-like scheme available via Betashares Direct. Read the relevant Product Disclosure Statement and Target Market Determination, available at www.betashares.com.au, before making an investment decision. This information is general in nature and doesn’t take into account any person’s financial objectives, situation or needs. You should consider its appropriateness taking into account such factors and seek professional financial advice.


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Want more Equity Mates? Across books, podcasts, video and email, however you want to learn about investing – we’ve got you covered.


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In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. 


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Equity Mates Investing is a product of Equity Mates Media. 

This podcast is intended for education and entertainment purposes. Any advice is general advice o

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