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What are the best options for making investment for children?


What are the best options for making investment for children?

Here are a couple of ideas 1) 529 College Savings plan, or 2) Regular taxable account in mutual funds.

It depends on what the money is for. If it is specifically for college, then consider a 529 college savings plan. You will be able to set aside money with the earning/gains being tax free and as long as the the withdrawls are for higher level education you are not taxed when you cash it out.

If it is a general investment that you want the flexibility to take out for any reason and not specifically college, then maybe just a regular mutual fund in growth stocks.

Either way the best thing is to set up automatic investment plan so that a specific amount is invested each month as a draft on your bank and you don't have to worry about making checks or missing a month.

To sign the ICICI mutual investment fund.

Consider a 529 Plan towards saving for college.

stocks ,lands & insurance


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Harvard.

Don't invest in any mutchual fund. BUY the share of RPL ,RNRL for 8 to 10 years. IT give u huge profits.THANKS.

Mutual funds plans for children - fix Maturity plans
Life insurance
Buy shares of good companies and keep in salve (never sell till needed after 10-15 years

Recurring deposits in bank account for long period
Fixed deposit for long period

See how much risk you want to take and how much growth you expect!

Go for Mutual Fund SIP. Select good funds for investment. Also get term insurance for yourself so that child's investment is always assured.

If you plan to go for ULIP, analyse charges before signing Policy documents. In ULIP, you will not see growth of money in first 3-4 years due to these charges.

MF SIP. As Markets give return in long run.

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