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

Thu, 06 Apr 2023 02:49:46 +0000

💸 Here is a direct link to create an EasyEquities account for your child while receiving a Free R 50.00 Voucher!: https://bit.ly/3va1kD4

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-rankings
Child Education Cost Calculator: https://www.oldmutual.co.za/pe....rsonal/tools-and-cal

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

My Product Recommendations from this video: 👉

💳 Enjoy my work? Consider supporting the channel by either buying me a coffee https://www.buymeacoffee.com/VetMarx or by becoming a Patron https://www.patreon.com/moneymarx

🌍 Get a FREE stock worth up to $ 1 000.00 when opening an account at Interactive Brokers using my link: https://ibkr.com/referral/pieter834

💸 Here is a direct link to create your own EasyEquities account and start investing today (Get a Free R 50.00 Voucher!): https://bit.ly/3va1kD4

🤑 Get a R 200.00 FREE Crypto Cash Voucher by signing up with Revix: https://bit.ly/3atKsT4

📟 Get R 25.00 worth of Bitcoin by signing up with Luno: https://www.luno.com/invite/S6PZN7

💰 Create your own BLOG: https://www.bluehost.com/track/vetmarx/

🛍️ Get Ezoic Ads On Your website (No Pageview Limit): https://bit.ly/3g1ArfX

🎥 Here is a list of all the gear that I use to make my YouTube videos: https://kit.co/MoneyMarx

For business inquiries: moneymarx101@gmail.com

#PersonalFinance #InvestingForChildren #EasyEquities

___________________________________________________________________________

Who am I? My name is Pieter Marx de Villiers, and I'm just an ordinary guy from South Africa who aims to retire by the age of 35 years. Follow me in my journey towards Financial Freedom in (hopefully) just 10 years! :)

This channel will help you achieve your personal financial goals through the things I’ve learned (mainly through my own mistakes) and researched to improve my own financial health.

Let’s face it, school did not teach us much about managing our money properly and seeing that there are SO many financial traps that we are destined to step into if we are not careful, I want to make you aware of these potholes, how you can avoid them and how you can get out of them if you are already trapped.

If you enjoy the content and find any value in my videos, consider subscribing and help me reach my goal for 2022 by reaching 10 000 subscribers on YouTube!

Lekker!

___________________________________________________________________________

DISCLAIMER

I am not a financial advisor. The content on this YouTube channel is only for educational purposes and should not be taken for financial advice. You and only you are responsible for your financial decisions and must therefore conduct your own research and seek the advice of a licensed financial advisor if necessary.

Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.