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    • Home • Advice • Common questions

    We would like to invest in a Junior ISA

    24 July 2023

    Question by Nigel

    Hello, we would like to invest in a Junior ISA for our grandson / nephew. Is a Stocks and Shares ISA the best option? If so, can you recommend a good provider for inexperienced investors.

    Answered by Lee Wells

    Hello Nigel,

    The decision to invest in a Stocks and Shares ISA or Cash ISA is really what your appetite is for risk v reward and also the timeframe, so if you have a reasonable appetite for risk, are more focused on trying to get a higher return and your grandson/nephew is young then investing in a Stocks and Shares ISA is a good idea.

    If you are an inexperienced investor I would suggest you obtain advice on the provider and fund selection rather than DIY.

    Hope this helps

    Answered by

    Lee Wells

    Managing Partner - Financial Planner

    When Lee got his first job in the 90’s his father said ‘you should go to see my financial adviser’ (he didn’t’ know he had one). Lee dutifully went to see him and was converted by the common sense advice he was given on saving and investing for his future. He liked it so much he joined the company so he could help other people learn how to invest. Lee now runs a company passionate about providing value for money advice on a whole range of areas.

    Junior ISA

    The tax-free way to save for the kids!

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    Important stuffHolly and the team have worked in the finance industry for many years but we are not regulated to give you personal financial advice. For every story on this website about a good investment, or something which went up by 10% or made someone £200, we could also share a story about a bad investment, something which fell in value or lost someone £200. We aim to provide general information and pointers – and btw we are totally agnostic about which providers you might pick – but if you have complex affairs, want personalised advice or need specific recommendations, please look at advice pages and see if regulated digital or traditional financial advice would be the best solution for your needs. Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.
    Risk warningAs is always the case with investing, your capital is at risk. The value of your portfolio can go down as well as up and you may get back less than you invest. Tax treatment depends on your individual circumstances and may change in the future.
    Boring Money Ltd is a limited company registered in England and Wales under registration number 09459832 and we have our registered office at 10 Lower Thames Street, London, England, EC3R 6AF.