Money magazine Comments - How to start buying shares for your kids or grandkids With the festive season approaching, shares can be a handy stocking stuffer, but there are hazards to avoid when investing for others - especially minors. https://www.moneymag.com.au/feed/latest?story=176689128 Fri, 27 Nov 2020 21:28:50 +1100 Fri, 27 Nov 2020 21:28:50 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - How to start buying shares for your kids or grandkids https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by aussie doc ()

Hey - I've been looking at investing for my kids education. I could be wrong, but I was under the belief the DRP means you still pay tax (and receive franking credits) on dividends, whereas the DSP (with AFIC/Whitefield) you can completely avoid paying tax (increasing capital gains liability when you finally withdraw - but this is discounted 50%) and seems like it would be a good strategy for high income earners/investing in kids names. Can you clarify?

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