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

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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

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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!

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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.

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