What Is The Best Investment For Kids ?

Investment plans with insurance companies are about the lowest risk ones in this case. Try Mutual benefits or wapic. A rate is guaranteed typically about 12% annually so u know how much u'll get after the 7 or 10 years.

Thanks people for your response so far. @ CASHCRAFT, can you please send me your email to enable me get in touch ?

An educated mind is an enlightend mind, My Name is David Aligbe and I work with Aims Asset Mgt Ltd, a Financial planing firm located at 1\6 investment house Broad str. CMS.We have products that u will love. Why don`t you pay us a visit and then make your decisions. You can reach me on 08065395258 or soul2jah@yahoo.com. I bet you will thank me for this.Shao.

abeg soul2jah wetin be "shao"

Poster, looks like u already have all d answers. For the kids look for a low risk medium ROI investment and i don't think u can go wrong with mutual funds in that regard

 
   
   
  AIMS CHILDREN INVESTMENT FUND
  This product is targeted at tackling the hydra-headed problem of youth unemployment ravaging the economy. If the current trend continues , in a short while, as many experts have predicted, majority of our youths may well acquire their degrees and come and sit at home. The labour market is already over-flooded with job seekers with no equivalent openings. It calls for inward looking determination to create, rather than spend several years in the labour market seeking already created jobs. Our ACIA account therefore, seeks to plant a seed today that would become an initial capital outlay for self-employment project after graduation. If you deposit N 100,000 (one hundred thousand Naira only) now for your child or ward that is say one year old, by the time he would be graduating from the university or polytechnic in the next twenty years, your N 100,000 deposit today would have grown to about N19m (Nineteen Million Naira) at a 30% P/A average rate of return. This is how planning works; take long-term focus and pay a lower price. Don’t wait until situations are out of hand before you begin to adopt fire-brigade approach. This fund is then pulled out to set up a self-employment project for your child. Many graduates languishing in the labour market today could effectively manage productive business concerns if the opportunities were there. ACIA account is out to create such opportunities for your child at the time of his graduation.

MY NUMBER IS 08064013814 AM ALSO A INVESTOR WITH AIMS
FOR MORE INFORMATION CONTACT 08056315622

I believe you work for this AIM company, what you have said is true to a novice but to a Finance professional, this is just half true. Why don't you mention the fact that 19million in 20yrs time your GRAND CALCULATION won't be worth 19million today, it's probably going to be worth 100,000 today at the rate the inflation in the damn country is going. I appreciate you giving suggestions but it would be nice to paint the whole story.