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Kindly Recommend An Investment For My Kids - Investment - Nairaland

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Kindly Recommend An Investment For My Kids by therealMcCain: 1:37pm On Dec 14, 2023
Hello to the house,

Can someone please suggest investment option I can setup for my kids.

Kiddies account in most banks don't offer good interest rate.

Landed property is out of it for now

Someone mentioned ETF to me but I haven't been able to find out more info about it

I will appreciate ideas please
Re: Kindly Recommend An Investment For My Kids by 1TrippleCee: 1:39pm On Dec 14, 2023
Consider any investment olans that accrues interest in form of annuity. I.e tree farming investment options. Something tbat increases exponentially. I have an outfit it investing in this sector may interest you. You may come ourchase a stake in my enterprise
Re: Kindly Recommend An Investment For My Kids by therealMcCain: 7:49pm On Dec 21, 2023
Hello, I will really appreciate the input of the house
Re: Kindly Recommend An Investment For My Kids by okenzo22: 8:15pm On Dec 21, 2023
Try the following
Treasury bills.
Bond
Stanbic money market.
Piggvest ( compounding strategy ) .


Capital preservation and fair interest rate is key here. Average interest per annum is 13-16 percent per annum.
The banks will not give up to 10 percent.

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