What is the best stocks and shares investment for kids. How to save for kids.?

Want invest for my child to help towards University fees etc...Prefer low annual charges and easy to manage long term (over 10 years) investment plans. Please advise.

Any investment companies that can offer what I am looking for?

If you live in the US, check out 529 plans. They earn interest without taxes (kind of like an IRA) but can only be used for educational purposes. The assets in the account can be invested in anything - mutual funds, individual stocks, etc. Your best bet would be to go to a specific company, like Vanguard, which has low management fees. There are other plans but they have limits on the annual contribution or allow the child access to the money for any reason at age 18. I think it's great that you're planning ahead for your child's education. It shows thoughtfulness and love. Good luck to you both.

If you are a UK tax payer then the answer is simple.

Open up a maxi-ISA and put a monthly amount into buying FTSE 100 index shares, usually referred to as iShares.

The management fees are quite low, for example 拢25 per year via www.selftrade.co.uk, paid quarterly.

You can invest up to 拢7000 per annum and by investing a fixed amount each month you take adavantage of something called pound-cost averaging.

Over the medium to long term you should average a return of about 11% per annum. To achieve this you need to re-invest all the dividends you receive.

Financial advisors will try to steer you in the direction of various funds but all of these will incur much higher management fees, usually without any commensurate uplift in performance to offset this.

Carol O is right. Each state has a 529 plan. There is a tax advantage right off the bat. You are contributing pre-tax dollars. Look at the 529 plan in your state. Also, go to Clark Howard.com to find out which ones he thinks are best. I suggest that you select a plan that invests in "No-Load" mutual funds, which, in turn, invest in high quality stocks and bonds.

I suggest you to open a brokerage account at Scottrade.

Top 4 Answerer in Business & Finance. (Vote for me)