Best Ways To Invest For Your Child In South Africa - The Ultimate Guide!

Описание: 📚 Download My FREE eBook Containing The 10 Baby Steps To Financial Freedom In South Africa: https://www.moneymarx.com/Baby-Steps-...

👉 Link To My DIY Investing Course: https://www.moneymarx.com/money-marx-...

Investing on behalf of your children is a generous act of foresight, as it gives them a massive jump start in life by opening up a world of opportunities for them. And seeing that the cost of education rises at a higher rate than normal inflation, it is really important to start saving for their education as soon as possible.

So in this video, I will give you my best investment vehicle recommendations for your child over the short, medium, and long term, and at the end, I will also explain whether you should open up investment accounts in their name or if you should instead just invest in your own personal capacity.

Here are the links mentioned in the video:

Best Fixed deposits in South Africa: https://www.ratecompare.co.za/latest-...
Child Education Cost Calculator: https://www.oldmutual.co.za/personal/...

YouTube Chapters:

00:00 Introduction
01:15 Best Short Term Savings Options For Your Child
02:46 Best Medium Term Investment Options For Your Child
07:38 Best Long Term Investment Options For Your Child
10:07 Should You Use Your Child's TFSA or RA?
12:51 How Children Are Taxed In South Africa And How To Avoid It

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DISCLAIMER

The information shared by Money Marx is for educational and informational purposes only and should not be taken as Financial, Tax, Legal, or Investment Advice. While Pieter de Villiers is registered under the Financial Sector Conduct Authority (FSCA) and operate within the framework of the Financial Advisory and Intermediary Services (FAIS) Act, the content provided on this channel, in courses, and across all platforms does not constitute Personal Financial Planning or Advisory Services.

All information is general in nature, based on factual data, principles, and publicly available information to help South Africans improve their financial literacy. Past performance is not a guarantee of future results, and all investments carry risk. You are responsible for your own financial decisions. For advice tailored to your personal situation, please consult a qualified Financial Planner that is registered with the FSCA.

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