Investing in a Baby...
Investing in a Baby...
Author
Discussion

Sterillium

Original Poster:

22,371 posts

255 months

Saturday 14th October 2017
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A friend of mine has just had a baby.

I'd like to do something more interesting than simply give them money for the baby's piggy bank... I'd like to put a lump of money into something that would have the potential to offer a nice return for baby's 21st birthday etc...

The "Junior ISA" things look dull... interest rates are low... what other options do I have?

Ideally I'd like to just throw a few hundred in and then leave it "running"... any ideas?

Unexpected Item In The Bagging Area

7,427 posts

219 months

Saturday 14th October 2017
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Have a read of this thread

https://www.pistonheads.com/gassing/topic.asp?h=0&...

Junior Stocks & Shares ISAs are popular, however the potential returns come with a risk. Maybe ask for your topic to be moved to the finance forum

bobtail4x4

4,425 posts

139 months

Saturday 14th October 2017
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MX5? this is PH after all.

something like a gold bar etc?

alorotom

12,788 posts

217 months

Saturday 14th October 2017
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Precious metal ingot is a good shout

bloomen

10,126 posts

189 months

Saturday 14th October 2017
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Bitcoin.

A few hundred quids' worth could dwindle to zero. It may also pay for a university education by then.

Definitely not advisable for something with a definite near future need but an interesting bet for the far future.

Jonboy_t

5,038 posts

213 months

Saturday 14th October 2017
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Have said it before on here, but get yourself over to Portugal in a couple of years and get a good port from their year of birth. Might be worth a fortune when they turn 21 if it was a good year, if not, they and their parents can have a piss up to celebrate and remember you (not 'remember you' as in you'll be dead, just remember you. Although you might be dead, you never know).

You could always turn it into a decent road trip and drive something nice down through France, getting a decent bottle of red for them on the way through too.

anonymous-user

84 months

Saturday 14th October 2017
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Premium bonds

Bitcoin / etherium

Low cost index tracker fund


fizz47

3,245 posts

240 months

Saturday 14th October 2017
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I like this concept..

A currency or precious metal investment sounds good..

Where is the best place to purchase ..

Sterillium

Original Poster:

22,371 posts

255 months

Saturday 14th October 2017
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Some great replies and ideas, thank you.

McVities

358 posts

228 months

Saturday 14th October 2017
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A decent single malt......or a cask even..

I haven't been one to purchase for investing before, but my ex wife brought me back a bottle of new Zealand whisky the last time she went home (it was a guilt purchase on her part as she was already shagging someone else).
I found out and although there have been times I wanted to drink it, I have put the bottle carefully to one side for my son, he will have it when he is 21, along with my wedding ring.

N-TY4C

169 posts

127 months

Sunday 15th October 2017
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Buy the baby a small plot of land in Jaywick.

ZOLLAR

19,920 posts

203 months

Sunday 15th October 2017
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bloomen said:
Bitcoin.

A few hundred quids' worth could dwindle to zero. It may also pay for a university education by then.

Definitely not advisable for something with a definite near future need but an interesting bet for the far future.
Isn't just one bitcoin about $5,000?

I like the gold ingot idea!

bompey

629 posts

265 months

Sunday 15th October 2017
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You dont need to buy a whole bitcoin, it’s digital not physical.

ZOLLAR

19,920 posts

203 months

Sunday 15th October 2017
quotequote all
bompey said:
You dont need to buy a whole bitcoin, it’s digital not physical.
Well I never knew that!
interesting, thanks for the correction.

spud989

3,002 posts

210 months

Sunday 15th October 2017
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Bitcoin is a good idea. I recently bought about £250 worth - nothing in the grand scheme of things, but if it really takes off over the next 10-15 years it could be worth a few times more. And if not it's not exactly a massive sum to lose/lose some of the value on.

ZOLLAR

19,920 posts

203 months

Sunday 15th October 2017
quotequote all
spud989 said:
Bitcoin is a good idea. I recently bought about £250 worth - nothing in the grand scheme of things, but if it really takes off over the next 10-15 years it could be worth a few times more. And if not it's not exactly a massive sum to lose/lose some of the value on.
How and where do you buy them from?

StevieBee

15,388 posts

285 months

Sunday 15th October 2017
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ZOLLAR said:
spud989 said:
Bitcoin is a good idea. I recently bought about £250 worth - nothing in the grand scheme of things, but if it really takes off over the next 10-15 years it could be worth a few times more. And if not it's not exactly a massive sum to lose/lose some of the value on.
How and where do you buy them from?
https://www.coinbase.com

spud989

3,002 posts

210 months

Sunday 15th October 2017
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StevieBee said:
ZOLLAR said:
spud989 said:
Bitcoin is a good idea. I recently bought about £250 worth - nothing in the grand scheme of things, but if it really takes off over the next 10-15 years it could be worth a few times more. And if not it's not exactly a massive sum to lose/lose some of the value on.
How and where do you buy them from?
https://www.coinbase.com
Coinbase is where I have my small stock, but they charge 4% on deposits, which is a lot if you plan to buy more than a small amount like I have. In which case you're best off using the trading places or a P2P site like localbitcoins.