Investing for children | Hewison

Investing for children

A recent survey shows around 270,000 Australian children under the age of 12 are investing in shares, cryptocurrency, or savings accounts. This reflects a trend towards more parents teaching their children about financial concepts. It’s becoming popular that people give financial gifts to kids and grandchildren at the holidays or for their birthdays, instead of toys.

Investing for your children is an awesome way to set them up financially for their future. Stashing a little bit of money away consistently adds up, especially when you invest it.

Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email info@hewison.com.au or visit www.hewison.com.au

Please note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.

Investing for children

If you’re looking to help those you love to you get ahead financially in life, then perhaps the following ideas might be helpful. 

Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email info@hewison.com.au or visit www.hewison.com.au

Please note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.

Investing for children

Probably not. The rate of return on such bank accounts is generally below the rate of inflation… in real terms the savings are going backwards.  And generally, most people have the intention that these savings are for the longer-term benefit of the recipients.

So what other options do people have?


Shares – long term outlook

Listed Australian shares can provide investors with longer term asset growth, as well as dividend income along the way.

Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email info@hewison.com.au or visit www.hewison.com.au

Please note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.

Investing for children

My favoured approach is to establish an investment portfolio for the child, with the assets held in the name of the parent / grandparent on trust for that child.  This is mainly due to the fact that it is almost impossible for minors to own assets personally.  The portfolio starts off with a cash management account, into which the parent or grandparent deposits their initial gift.

Hewison Private Wealth is a Melbourne based independent financial planning firm. Our financial advisers are highly qualified wealth managers and specialise in self managed super funds (SMSF), financial planning, retirement planning advice and investment portfolio management. If you would like to speak to a financial adviser on how you can secure your financial future please contact us 03 8548 4800, email info@hewison.com.au or visit www.hewison.com.au

Please note: The advice provided above is general information only and individuals should seek specialised advice from a qualified financial advisor. The views in this blog are those of the individual and may not represent the general opinion of the firm. Please contact Hewison Private Wealth for more information.