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Small inheritance for the kids

Discussion in 'Investing Strategies' started by MattR, 31st May, 2007.

  1. MattR

    MattR Well-Known Member

    Joined:
    23rd May, 2007
    Posts:
    229
    Location:
    Sydney
    My kids each received $2,500 in inheritance. I'd like to invest that for them for a minimum of ten years.

    I want something easy that requires minimal effort on my part. I have considered Managed Funds and Shares. I'd thought just to keep reinvesting the ditributions and/or dividends.

    Any suggestions.

    Thanks MattR
     
  2. crc_error

    crc_error The Rule of 72

    Joined:
    1st May, 2007
    Posts:
    1,367
    Location:
    Melbourne, VIC
    Colonial First state Geared Share Fund.
    Or the 452 Geared Share Fund.
     
  3. Redwing

    Redwing Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    476
    Location:
    PERTH..WA
    NAVRA RETAIL ;) is still something I like and am looking fwd to this 1/4's distribution.