Saturday 22 November 2014

Put A Bond In Their Stocking


Christmas has got weird, really weird and that's official. Want the proof? Parents should get their kids investments, not pressies, say the money gurus
Something in gilts not glits that will mature in time for a university education or a deposit on a house. Well that will go down well. Top marks for whoever thought of that, Jessie Hewitson in the Times.
They've calculated that between buying a gift and giving it the value drops by  20% - add on the inevitable breakage by Boxing Day and it's money down the drain. Put it in shares instead, that's the way to keep it safe. Or Premium Bonds. Maybe an ISA will float little Izzy's boat.
Hand over the envelope on Christmas morning with a bright smile and trill," Look what I got you !" No tat, no plastic, no remote controls or stuff without batteries, just a safety net for the future.
Well thanks mum, I can hear them say. Great. No. Christmas is for fun. get them the ISAs, bonds, everything else if you can afford it, but not at Christmas, because that's all about joy, family fun and giving rubbish just for the sake of it. Forget that and you might as well give up on Cristmas altogether. 

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