answered
Q: We have two young kids under four years of age, looking to set them up in later on in life. We have about $5k per child with annual inputs from family about $100p year. What's the best set for them shares, gov bonds, or other?
A: Hi Anthony,
I'll start off by advising that I am a licensed financial adviser as well as broker and look at your exact scenario for clients regularly.
You question isn't easy to answer without actually discussing both your requirements / goals as well as what the purpose of the money for the kids is for. There are a number of investment mediums (shares, managed funds / managed accounts / tax effective bonds etc) which could be applicable depending on your overall requirements. We would need to establish the investment timeframe, your acceptance of risk (which can help to establish the investment type), ownership etc. to work out the best options.
So in short not an easy question to answer without looking at the whole picture and then any recommendations need to be made via a statement of advice.
Whilst I'm in Perth I work with clients all around Australia so more then happy for you to call me to have an initial chat.
Hope this helped a little bit.
Travis
0423499220