Investing for your child. For some it is self-evident and for others it is already difficult to save some money for a holiday, for example. I can't look into anyone's wallet of course, so I have absolutely no judgment about this, but a poll we did on Facebook in the past showed that quite a few of our readers put some money aside every month for their child(ren). ). For example, consider donating on paper. Or, if you can spare something every month, investing may be a great option for your child, as I recently learned at a Robeco workshop.
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I myself have been in the fortunate circumstance that my parents always had something for me when I really needed it. Spending money was not in their dictionary, only saving 😉 . I remember they used to do something for me in a special account. I believe the treasure fleet or something?
It's not all that easy these days. For example, many children start their working life with a hefty student loan. Or they continue to live with their parents for years because they simply cannot afford a house of their own. Did you know that the total expenditure for a student living away from home who studies for 4 years is approximately € 52,000? How nice is it if you can help them on their way with some pocket money for the future? Then start in time, because they will be big before you know it!
You can of course just open a savings account to save for your child. But there are also other possibilities. I learned more about this when I attended a workshop investing for your child at Robeco.
So it was super nice that I sat at the table at Robeco to be refined there. Did you know that nowadays you no longer need to know all the ins and outs to be able to invest? Of course it is wise to delve into what investing actually is before you start investing for your child. But you don't need any specific knowledge regarding stocks and options, as you can invest in a fund that is actively managed by someone who knows about it 😉 . This can be a great way to create an extra nest egg for your child. Provided that you have your finances in order and that you can miss that money every month, of course. In addition, you must be prepared to take some risk, which is also different from a savings account. You can read more about this below.
After we were well informed with a number of bloggers about the possibilities of investing for your child, we were challenged even further. Creative that is. Luigia -the organizer of the workshop- challenged us to make a vision board about the future dreams we have for our children. Nice to do, and frankly also good to think about! What do you think?
Investing sounds like a far-from-my-bed show to many people. Or they are wary of it, but I think that is really a lack of knowledge about this. I myself learned a few things about this from home because my brother and my parents were regularly involved in this. As a teenager I used to draw charts of the prices for my brother (who is 10 years older and was already on it at the time). I believe I received a guilder for every graph drawn. Haha, those were the days .
Because many people have no idea what is involved in investing, this is not widely used by parents with the aim of saving some money for the future plans of their children. In that case, people prefer to save. Nevertheless, there are possibilities for this that are worth the effort and that can simply yield more than saving.
You can invest for your child, for example, by opening an account that suits you. At Robeco, for example, you can choose from different packages and invest in funds that are managed by means of 3 variants.
There are several ways in which you can invest for your child. You can close an account in your own name (which you will eventually use for your child) or you can choose an account in your child's name, which your child can use immediately from the age of 18. The latter may offer tax benefits. So it is good to think in advance what is useful in your case.
These concepts are here
There are 2 different concepts, the One and the Plus. With the latter you put together your own portfolio. With the One, the variants defensive, neutral and offensive are offered.
Tip:The longer you actively invest for your child, the more time you have to absorb any losses.
That's a good question that probably pops up in many people's minds. It obviously has to do with your financial situation. In order to find an answer for yourself, there are a number of questions you can ask yourself. The answers to those questions 'automatically' give you the path that suits you best.
Are you not yet sure whether investing matches your financial goals? View everything you need to know here before you start investing, or start the money plan to save, invest or repay Nibud.
Important information!
Robeco Institutional Asset Management B.V. is licensed as manager of UCITS and AIFs from the Netherlands Authority for the Financial Markets in Amsterdam.
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