38. What are the Top 3 Things to Think About When Investing for Kids?

Every parent wants to set their children up for success and this usually includes a financially secure future. And one of the best ways of doing this is through investing for their children early and consistently. However, there are a few nuances that parents may not consider when it comes to investing that can actually hinder their returns over the long run.
 
With this in mind, today's podcast episode covers things that you may want to consider when you start investing in your kid's future.

Specifically, we cover:

• The different investment structures you can set up for your child. i.e. personal investment account or KiwiSaver.
• The pros and cons of each investment structure you opt to use.
• How tax is key and should be put into consideration when investing for your child.
• Which investment options you can consider, especially with a long time horizon.
• Ways to maximise the chances of success when setting up your child's investments.
• What Cat herself is personally doing for her baby.

Check out our website and show notes at www.itsnosecret.co.nz/38

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Disclaimer:
Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited is the manager and issuer of the Kernel KiwiSaver Plan and Kernel Funds scheme. The Product Disclosure Statements are available at www.kernelwealth.co.nz