Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Trott,
@Obelix , not to be a killjoy or anything but I'm not allowed to give personal recommendations about suitable investment products. I'm heavily regulated and anything that I post that can be construed by the regulator as advice is heavily frowned upon and could end me up in trouble. We're allowed to promote ourselves and give guidance about things generally but I'd say this isn't really the place for that as most investors are only here to read about NCYT. Sorry.
I understand your position Mate, don't worry.
I believe if we buy some books about Investments for Kids could be the start.
If they see some value or $$$ I'm sure they will have interest in continue to develop
Thank you for your reply I'm sure most of us here will understand your position
This place really has turned into mumsnet.
@ Troublesome, sorry for slow reply, only just seen your message.
You raise a very interesting and useful question about differences between investing and gambling. I think it goes without saying that many invest through AIM for the thrill rather than for any other perceived potential benefits (such as Business Relief) and that is basically akin to gambling, no matter how low risk the AIM investment might be. In my line of work I cannot recommend individual stocks to clients without special permissions, and advisers generally don't have these so recommend funds or ETFs i.e. a fund manager purchasing shares on clients' behalf. I would never recommend an AIM stock personally to my clients unless it was for a tax relief purpose, and i'd still use a specialist investment manager for that.
What I would say about the Bungle and Dylan situation is that it's inspirational more for the story of everything that is following such as them using maps to work out where countries are, using calculators and maths to price things up etc etc, i'd not necessarily recommend parents all go out and set their kids up with AIM investments (especially as most parents are equally as clueless, if not more!)
@Obelix , not to be a killjoy or anything but I'm not allowed to give personal recommendations about suitable investment products. I'm heavily regulated and anything that I post that can be construed by the regulator as advice is heavily frowned upon and could end me up in trouble. We're allowed to promote ourselves and give guidance about things generally but I'd say this isn't really the place for that as most investors are only here to read about NCYT. Sorry.
BRod74, I'm a big believer in teaching children the basics of finance as these days they don't hold any value to money they receive, spending entire monthly salaries on beer, phones and cars can be avoided and instead saved/invested to purchase property.
ALAS, we currently live in a snowflake world and expect everyone else and the government to pay for everything they can't afford.
I'd like my future unborn child's first words to be "PROFIT"
I'm a business teacher and tried to approach the Department of Education about developing a GCSE and A Level in personal finance at start of lockdown, had an examboard willing to back me but DfE said no. The London Institute for Banking and Finance do a course that gets A Level equivalent UCAS tariffs and LIBF do a national virtual share competition for students whilst Shares4Schools do a real investment competition with students investing £2000. I'd love to develop it more but need support.
My kids have had stocks and shares ISA's since they were born and have performed better than cash ISAs obvs, but love the idea of them choosing the stocks themselves and learning about investing which I agree should be taught at school.
I have 3 children and have also bought a buy to let for each of them, each within a limited company.
Pension... My kids both had them from a couple of months after they were born.
TiT,
Can you advice some people here about Investing for Kids & teens.
It's good idea about saving for the Kids future, stocks and shares sometimes a big risk or gamble, but Bonds and Treasure
Savings Account we know it's rubbish and I think it's not propriate at the moment..
When you have time, please give us some ideas.
Thank you
@ TIT
From your position, would be interested to know your views on the differences between, investing, gambling and speculation and any dangers regards addiction etc.....
ATB
Bungle, I’m a qualified financial adviser and one of the biggest problems this nation faces is a lack of financial education at school. I think what you are doing is pretty inspirational and it would be great for the media to pick up on yours and dylans’ stories and promote it in the press. I also know of financial podcasts that should try get you onto one of their shows.
Good Morning Bungle and Gazman,
You Guys are inspiration for others here. I believe many of us will follow your ideas / steps and will do the same.
We know how difficult is at the moment and the future could be much more.
Well done for both, I decided mine as well, never is to late for start.
Have a nice day, take care.
Bungle, I have followed in your inspirational footsteps and opened up a kids ISA for my 5 year old girl Bobbi. Its only for a very small amount and I only made her put in a small fraction of that out of her pocket money but she is very excited. Half of her funds are in Nova (or test kits as she says) so if everything goes to plan maybe one day Bobbi and Dylan can celebrate with an ice cream together.