Money magazine Comments - Ask Paul: What's the best way to invest for our baby?

Comment by Ravi Sood ()

Ravi Sood () — Wed, 17 Sep 2025 16:59:33 +1000

I love reading your article & I'm more or less the same age group like you . I think in my opinion best option for long term regular small saving is to open online Bullion account with Perth mint & it is solid investment over 15-20 years. It is more or less capital safe unlike shares or super investment & average return over the last 20 Yesrs I think about 12-15%

You can decide bullion mix according to your taste

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Comment by Scott Wright ()

Scott Wright () — Wed, 17 Sep 2025 17:03:08 +1000

I've spent the last 5 years tying myself in knots over how best to invest for my kids, meanwhile just topping up 'minor' ETF portfolios in my own name with them earmarked as official beneficiaries.

One financial advisor told me to get TFNs for the kids, my accountant swore I should set up a trust, and ChatGPT (predictably) sat on the fence and said both could work!

All I want is to lay a solid foundation and hand them the keys in their late-20s without copping a giant CGT bill.

This article has been a breath of fresh air, cutting through the noise and reminding me to stick with the strategy I started 5 years ago. Exactly what I needed, thank you!

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Comment by Gertrude Holsheimer ()

Gertrude Holsheimer () — Thu, 18 Sep 2025 08:43:09 +1000

Hi Paul

I am a grandmother of 6 grandkids. Ages ranging from 4 to 10.

I look after them twice a week and when they are good and helpful they get a few coins in their savings boxes.

These boxes have reached enough money now to invest them into ETF's.

I would like to open ETF accounts for them. But in who's name can I put those accounts. I don't want them in my name as I am about to retire and I don't want my pension to be affected by it as the funds grow and they are getting more pocket money.

Could I also ,please, have more information about " invest smart"

Kindest Regards

Gertrude

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Comment by Ken L ()

Ken L () — Sat, 20 Sep 2025 15:23:38 +1000

I have also been thinking of the best platform to invest in for my grandchildren. Unfortunately, our government doesn't encourage savings for minors-tax rates of 66% or 45%, depending on earnings over $417 or $1307, fearing that parents will start to 'park' money in their name to minimise tax. It sounds like opening an account as a Trustee for our grandchildren may be the best approach.

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