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2 votes
3 answers
380 views

An investment product for "5 grand for your new niece in 20 years..." situations [closed]

Say your favorite friend or relative has a new child, or perhaps a toddler. You want to give/invest a lump sum $5000 to the youth in question .... so it will only be available in say 20 or 25 years. ...
Fattie's user avatar
  • 13.8k
3 votes
1 answer
244 views

How to give money to a 10 year old niece on joint business venture?

My niece and I came up with a good idea that I think will make some money. I want to compensate her accordingly for what she has done. I don't want to give her the money now, and I don't want to put ...
Trey's user avatar
  • 133
1 vote
1 answer
171 views

Australia- Bank account for newborn

I have just acquired a newborn, and would like some advice in setting up a long term financial plan. I don't have a target amount in mind, just to have some money to help her when older (roughly 18-21 ...
TheRealTy's user avatar
  • 585